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RESERVE BANK OF INDIA SERVICES BOARD, MUMBAI
Advt. No. 2A /2021-22
(This advertisement and the link to apply Online can be accessed on RBI Website
www.rbi.org.in)
RESERVE BANK OF INDIA - DIRECT RECRUITMENT FOR THE POST OF OFFICERS IN GRADE
‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) STREAMS- PANEL YEAR 2022
IMPORTANT INSTRUCTIONS
‘Build your Nation. Build your career’
Life with RBI is not just another career. It's a commitment. Commitment to serve the Nation, where your
decisions make an impact on the way the economy and the financial sector in the country evolves.
Come to RBI if you are looking for an ecosystem that encourages continuous learning, an equal
opportunity work environment, a supportive HR climate and, of course, an attractive compensation
structure.
We are a full service Central Bank handling a variety of functions. An exciting array of job roles are handled
by our officers in Grade ‘B’ depending upon their postings. For more on this, please click / type the following
URL in your browser https://opportunities.rbi.org.in/scripts/roles.aspx
1. Candidates to Ensure their Eligibility for the Posts:
Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts.
Reserve Bank of India Services Board, hereinafter referred to as 'Board’, would admit to the Examinations
all the candidates applying for the post with the requisite fee/intimation charges (wherever applicable)
based on the information furnished in the ONLINE application and shall determine their eligibility only at
the final stage i.e. interview stage. If at that stage, it is found that any information furnished in the ONLINE
application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility
criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for
interview, claim any reimbursement towards travelling and can be removed from service without notice if
he/she has already joined the Bank.
2. Mode of Application:
Candidates are required to apply ONLINE only through the Bank's website www.rbi.org.in. No other mode
for submission of application is available.
Brief Instructions for filling up the "Online Application Form" are given in Appendix-I.
3. Important Dates:
Events Important Dates**
Website Link Open For Online Registration of Applications and Payment of
Fees/Intimation Charges
March 28, 2022 to April 18,
2022 (till 6:00 PM)
Officers in Gr B
(DR)- General
Phase-I – Online Examination May 28, 2022 $
Phase-II – Paper I, II & III Online Examination June 25, 2022#
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
2
***Officers in Gr B (DR)-
DEPR*/DSIM@
Phase-I – Paper I Online Examination July 02, 2022
(Date to be confirmed in Admit Card)
Phase-II – Paper II & III Online/Written
Examination
August 06, 2022#
(Date to be confirmed in Admit Card)
*Department of Economic and Policy Research
@ Department of Statistics and Information Management
** The Board reserves the right to make any change in these dates.
$ Candidate will have to appear in only one shift of Phase l examination.
# Candidate will have to appear in all the shifts of Phase ll / Paper II & Ill examination
*** Candidates can apply for Grade B DR either in DEPR or DSIM stream.
4. Help Facility: In case of any problem in filling up the form, payment of fee/intimation charges, or in
downloading of Admission Letter, queries may be made through the link http://cgrs.ibps.in
Do not forget to mention 'RBI Officers in Grade 'B'-' DR' GENERAL/DEPR/DSIM (as applicable), in the
subject of the email.
5. Use of MOBILE PHONES and other electronic devices BANNED:
(a) The use of any mobile phone (even in switched off mode), pager or any electronic equipment or
programmable device or storage media like pen drive, smart watches etc. or camera or blue tooth devices
or any other equipment or related accessories either in working or switched off mode capable of being
used as a communication device during the examination is strictly prohibited. Any infringement of these
instructions shall entail disciplinary action, including ban from future examinations.
(b) Candidates are advised in their own interest not to bring any of the banned items including mobile
phones/pagers to the venue of the examination, as arrangement for safe-keeping cannot be assured.
(c) Candidates are advised not to bring any valuable/costly items to the Examination Halls, as safe-keeping
of the same cannot be assured. The Board will not be responsible for any loss in this regard.
(d) Use of calculators is not permitted in Phase I for Gr B DR General and Paper I for DEPR /DSIM of this
examination. However, non-programmable electronic calculator is permitted for only Paper II of DSIM.
Such calculator will be made available online on the screen for Paper II DSIM candidates only.
6. Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, will be
published only on the Bank's website www.rbi.org.in.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
3
DETAILED NOTICE
1. The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for the
post mentioned below in Reserve Bank of India (RBI/Bank):
() indicates backlog vacancies
$ Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They
should indicate their category as 'General (GEN)’. Candidates claiming relaxation available to OBC category should
have OBC certificate issued on or after January 01, 2021 but before the closing date of application.
@Reservations for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum
No.36039/1/2019-Estt(Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public
Grievances & Pensions, Government of India.
Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of
any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through
proper channels”. Benefit of reservation under EWSs category can be availed upon production of an ‘Income and
Asset Certificate’ issued by a Competent Authority on the format prescribed by Government of India.
The EWS candidates should note that in case they are not in possession of “Income & Assets Certificate” as per the
extant DoPT guidelines on or before the closure of online application date. Such EWS candidates should apply under
'General (GEN)’ category only.
# A - Blindness and low vision, B - Deaf and hard of hearing, C- Locomotor disability including cerebral
palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy; D- Multiple disabilities
including One Arm, One Leg, Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and (i) blind/
low vision or (ii) deaf/ hard of hearing
Note (I) - For SC/ST/OBC/EWS candidates:
Even if there is no vacancy reserved for SC/ST/OBC/EWS category candidates for a particular post, such
candidates can still apply. However, they will not be eligible for any concession/relaxation etc. SC/ST
candidates are exempt from payment of application fee even in such case but will have to pay specified
intimation charges.
Note (II) - For Persons with Benchmark Disability (PwBD) candidates:
The Bank has identified the following categories suitable for the posts mentioned below along with the
Physical Requirements and Functional Classifications. Only following categories of PwBD candidates are,
therefore, eligible to apply for the posts.
Sr.
No
Name of
Post
Categories for
which identified
Functional
classification*
Physical Requirements**
1 Officer in Gr
‘B’ –
GENERAL/
DEPR/DSIM
Blindness and low
vision
B BN, C, H, KC, L, MF, PP,
RW (in Braille/software), S,
ST, W
LV BN, C, H, KC, L, MF, PP,
Post
Number of Vacancies
Unreserved
(GEN/UR)
Scheduled
Castes (SC)
Scheduled
Tribes (ST)
Other
Backward
Classes
(OBC)$
EWSs@ TOTAL
PwBD Category#
A B C D
1. Officers in Grade
‘B’(DR)- General
109 32 15 59 23 238 5(3) 7(4) 6(3) 4(2)
2. Officers in Grade
‘B’(DR)- DEPR
11 4 5(3) 8 3 31 - - 1(1) 1
3. Officers in Grade
‘B’(DR)- DSIM
7 7(4) 5(4) 4 2 25 1 1(1) - 1(1)
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
4
RW, S, ST, W
Deaf and hard of
hearing
D, HH BN, C, KC, L, MF, PP, RW,
S, SE, ST, W
Locomotor disability
including Cerebral
Palsy, Leprosy
Cured, Dwarfism,
Acid Attack Victims
and Muscular
Dystrophy
OA, OL, Cerebral Palsy,
Leprosy Cured,
Dwarfism, Acid Attack
Victims
BN, C, KC, L, H, MF, PP,
RW, S, SE, ST, W
BL C, H, L, MF, PP, RW, S, SE
Muscular Dystrophy C, H, MF, RW, SE, S
Multiple disabilities OA, OL, Cerebral Palsy,
Leprosy Cured,
Dwarfism, Acid Attack
Victims and
(i) blind / low vision or
(ii) deaf / hard of hearing
BN, C, KC, L, MF, PP, S,
ST, W
RW (in Braille / software)
and H or RW and SE (as
applicable)
* Functional classification: OA-One Arm affected (R or L), OL-One Leg affected (R or L), BL-Both Legs
affected but not arms, B-Blindness, LV-Low Vision, D-Deaf and HH-Hard of Hearing.
** Physical Requirements: BN-Bending, C-Communication, H-Hearing/Speaking, KC-Kneeling &
Crouching, L-Lifting, MF-Manipulation by Finger, PP-Pushing & Pulling, RW-Reading & Writing, S-Sitting,
SE-Seeing, ST-Standing and W-Walking.
(2) PwBD candidates may belong to any category (i.e. General/SC/ST/OBC/EWSs). Reservation for
PwBD is horizontal and within the overall vacancies for the posts subject to the posts having been identified
suitable for such disabilities.
(3) PwBD candidates should possess a latest disability certificate issued by a Competent Authority as
prescribed vide The Rights of Persons with Disabilities Act, 2016 (RPWD Act, 2016). Such certificate shall
be subject to verification/re-verification, as may be decided by the Board/ Competent Authority.
(4) Backlog vacancies reserved for PwBD would be filled by a person with benchmark disability in the
respective category. If no suitable person from that category is available such backlog vacancies would
be filled up by interchange among other eligible PwBD candidates subject to the posts having been
identified suitable for such disabilities as stated at Note II (1) above.
(5) Use of Scribe & Compensatory time: At the time of online/written examination, only those PwBD
candidates (who have disability of 40% or more) who have physical limitation in typing/writing, including
that of speed would be allowed the facility to use the service of a scribe. In all such cases where a scribe
is used, the following rules will apply:
A. The candidate will have to arrange his/her own scribe/writer at his/her own cost.
B. Both the candidate as well as the scribe will have to give a suitable undertaking, in the prescribed
format with passport size photograph of the scribe at the time of examination.
C. PwBD candidates who have physical limitation to type/write including that of speed shall be
allowed compensatory time of 20 minutes per hour of the examination whether availing the facility
of scribe or not.
D. Any candidate who is using scribe should ensure that he/she is eligible to use scribe in
the examination as per the above guidelines. Violation of the above guidelines or
suppression of material facts shall entail the cancellation of candidature of PWBD
candidate, in addition to any other action that the Bank may deem fit against the candidate
and the Scribe. The candidate can be removed from service without notice, if he/she has
already joined the Bank.
E. During the exam, at any stage, if it is found that scribe is independently answering the
questions, the exam session will be terminated, and candidate’s candidature will be
cancelled. The candidature of such candidates using the services of a scribe will also be
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
5
cancelled if it is reported after the examination by the test administrator personnel that the
scribe independently answered the questions.
(6) Detailed instructions for PwBD candidates regarding availing services of scribe and allotment of
extra/compensatory time will be made available on the Bank's website (www.rbi.org.in) at the time of
uploading of Admission Letters for examinations.
Note (III)- Candidates seeking reservation/ relaxation benefits available for
SC/ST/OBC/PwBD/EWSs/Ex-servicemen must ensure that they are entitled to such reservation/
relaxation as per eligibility prescribed. They should also be in possession of all the requisite
certificates in the prescribed format in support of their claim as stipulated for such benefits and
these certificates should be dated earlier than the due date (closing date) of the application.
2. SERVICE CONDITIONS/ CAREER PROSPECTS:
I. Pay Scale: Selected Candidates will draw a starting basic pay of ₹ 55,200/-p.m. in the pay scale of
Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in
Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent
Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present,
initial monthly gross emoluments are 1,08,404/- (approximately) The House Allowance of 15% of
Basic Pay will be paid, if accommodation is not provided by the Bank.
Note: For candidates possessing very high academic or professional qualification / experience of
significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance
increments. The Board, at its sole discretion, may consider requests for higher emoluments because
of higher qualification/special experience of value to the Bank at the interview stage only. Such
information may be furnished in the Bio-data Form in the appropriate column. The number of
increments will be maximum four. The Board/Bank will not entertain any request received after the
interview.
II. Seniority: Candidates selected from recruitment for the post of Officer in Gr. B (DR)
GENERAL stream will join General Cadre and candidates selected from recruitment for the
post of Grade B DR DEPR/DSIM stream will join DEPR/DSIM Cadre.
III. Perquisites: Bank's accommodation, subject to availability, reimbursement of expenses for
maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance
for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of
medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance,
Leave Travel Allowance (once in two years for self, spouse and eligible dependents). Loans and
Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles,
Personal Computer, etc. Selected candidates will be governed by 'the defined contribution New
Pension Scheme (NPS)', in addition to the benefit of Gratuity.
IV. At certain centres, limited number of residential quarters are available. Facility for securing
residential accommodation on lease, however, exists at all centres.
V. Initial appointment will be on probation for a period of two years. At Bank's discretion, the
probationary period may be extended up to a maximum period of four years.
VI. There are reasonable prospects for promotion to higher grades.
VII. Selected candidates are liable to be posted and transferred anywhere in India.
3 ELIGIBILITY CONDITIONS:
I. Nationality: a candidate must be either:-
i. a citizen of India, or
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
6
ii. a subject of Nepal, or
iii. a subject of Bhutan, or
iv. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of
permanently settling in India, or
v. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African
countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia
and Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (ii), (iii), (iv) and (v) shall be a person in whose
favour a certificate of eligibility has been issued by the Government of India.
A candidate in whose case a certificate of eligibility is necessary may be admitted to the
examination, but the offer of appointment may be given only after the necessary eligibility certificate
is issued to him/her by the Government of India.
II. Age Limit (As on January 01, 2022):
a) A candidate must have attained the age of 21 years and must not have attained the age of 30
years on the January 01, 2022 i.e., he/she must have been born not earlier than January 02,
1992 and not later than January 01, 2001.
b) The upper age-limit prescribed above will be relaxed:
i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a
Scheduled Tribe if the posts are reserved for them;
ii. up to a maximum of three years in the case of candidates belonging to Other Backward
Classes who are eligible to avail of reservation applicable to such candidates if the posts
are reserved for them;
iii. up to a maximum of five years for ex-employees of banking institutions whose services had
to be terminated for reasons of economy or because of bank going into liquidation and
personnel retrenched from Government Offices after at least one year's service and
currently registered with Employment Exchange;
iv. up to a maximum of five years in the case of ex-servicemen including Commissioned
Officers and ECOs/SSCOs who have rendered at least five years Military Service as on
January 01, 2022 and have been released;
a. on completion of assignment (including those whose assignment is due to be
completed within one year from January 01, 2022) otherwise than by way of dismissal
or discharge on account of misconduct or inefficiency; or
b. on account of physical disability attributable to Military Service; or
c. on invalidment.
v. up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial
period of assignment of five years of Military Service as on January 01, 2022 and whose
assignment has been extended beyond five years and in whose case the Ministry of
Defence issues a certificate that they can apply for civil employment and that they will be
released on three months' notice on selection from the date of receipt of offer of
appointment.
vi. For Gen/EWSs up to a maximum of 10 years in the case of PwBD. For SC/ST PwBD
candidates up to a maximum of 15 years and for OBC PwBD candidates up to a maximum
of 13 years, subject to reservation of vacancies under the respective post. Relaxation in
upper age limit for PwBD will be subject to the posts having been identified suitable for such
disabilities.
vii. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34
years respectively.
viii. For candidates having experience as an officer in Scheduled Commercial Banks, Public
Sector Insurance Companies and All India Financial
Institutions (AIFI) namely Export-Import Bank of India (EXIM Bank), National Bank for
Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and
Small Industries Development Bank of India (SIDBI), as also prior experience in Reserve
Bank of India, upper age limit is relaxed to the extent of number of completed years of such
experience subject to a maximum of three years. For such candidates, upper age limit
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
7
should not exceed 33 years including experience. For experience, probationary period will
not be reckoned. For details, please refer Note IV below.
ix. For eligible staff candidates, the relaxation in age limit is according to RBI circular CO.
HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013.
x. For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master's Degree
with Research/Teaching experience at a recognised Indian/Foreign University/Institute will
be eligible for relaxation in upper age to the extent of number of years of such experience
subject to a maximum of three years. For experience, probationary period will not be
reckoned.
Note I: - Candidates belonging to either the SC or the ST or the OBC category who are also covered under
clauses of para 3(II)(b) (iv), (v) and (vi) above, viz. those coming under the category of Ex-servicemen or
PwBD, will be eligible for grant of cumulative age-relaxation under both categories. Other than these two
categories, cumulative age relaxation will not be available either under the above items or in
combination with any other items.
Note II: - The term Ex-servicemen will apply to the persons who are defined as Ex-servicemen in the Ex-
servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time.
Note Ill: - The age concession under Para 3 II (b) (iv) and (v) will not be admissible to Ex-servicemen
and Commissioned Officers including ECOs/SSCOs, who are released on own request.
Note IV:
 Scheduled Commercial Banks - Commercial Banks included in the second schedule of the RBI
Act, 1934.
 Public Sector Insurance companies - The companies reckoned by DFS ((i) Life Insurance
Corporation of India, (ii) General Insurance Corporation of India, (iii) The New India Assurance
Company Limited, (iv) United Insurance Company Limited, (v) The Oriental Insurance Company
Limited, (vi) National Insurance Company Limited and (vii) Agriculture Insurance Company of India
Limited.
 All India Financial Institutions - Export-Import Bank of India (EXIM Bank), National Bank for
Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and
Small Industries Development Bank of India (SIDBI).
Ill. Minimum Educational Qualifications: The following minimum educational qualifications are
prescribed for the posts:
Posts Minimum Educational Qualifications (as on January 01, 2022):
Officers in
Grade 'B'
(DR) -
(General)
Graduation in any discipline /Equivalent technical or professional qualification
with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-
Graduation in any discipline / Equivalent technical or professional qualification
with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in
aggregate of all semesters / years.
Note:
Graduation Level:
Any such course from a recognised University / Institute that is taken after
Class XII and is at least of 3 years’ duration/ candidates possessing
professional or technical qualifications which are recognised by the
Government as equivalent to professional or technical graduation will be
eligible for admission to the examination, subject to obtaining minimum marks
prescribed above.
Post-Graduation Level:
Any such course from a recognised University / Institute that is taken after
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
8
Graduation and is at least of 2 years’ duration / recognised by the Government
as equivalent to professional or technical Post-graduation will be eligible for
admission to the examination, subject to obtaining minimum marks prescribed
above.
Officers in
Grade 'B'
(DR) - DEPR
Essential:
a. A Master's Degree in Economics (or any other master's degree where
"Economics" is the principal constituent* of the curriculum/syllabus, namely
MA / MSc in Quantitative Economics, Mathematical Economics, Financial
Economics, Business Economics, Agricultural Economics, Industrial
Economics) OR
b. A Master's Degree in Finance (or any other master's degree where
"Finance" is the principal constituent* of the curriculum / syllabus, namely MA
/ MSc in Quantitative Finance, Mathematical
Finance, Quantitative Techniques, International Finance, Business Finance,
Banking and Trade Finance, International and Trade Finance, Project and
Infrastructure Finance, Agri Business Finance) OR
c. PGDM / MBA with specialization#
in Economics / Finance.
For a) to c) above, minimum 55 per cent marks or an equivalent grade in
aggregate of all semesters / years from a recognized Indian or foreign
University / Institute.
* "Principal constituent" with respect to syllabus / curriculum means half or
more of the total courses / electives / credits must be in Economics or Finance.
# "Specialization" in Economics / Finance means a third or more of the total
courses / electives / credits in the second year must be in Economics /
Finance.
Note I: For SC, ST and PwBD candidates, the minimum marks required in
Master's Degree as in items (a), (b) and (c) above is 50% marks or an
equivalent grade in aggregate of all semesters / years.
Desirable: A Doctorate Degree in Economics, or research or teaching
experience in economics, or publication in the field/area of Economics in
standard journals.
Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a
recognized Indian / Foreign University / Institute in economics will be eligible
for relaxation in the upper age limit by 2 years and 4 years respectively.
(ii) Candidates having Master's Degree with research / teaching experience at
a recognized Indian / Foreign University / Institute in economics will be eligible
for relaxation in upper age limit to the extent of number of years of such
experience subject to a maximum of three years. For experience, probationary
period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age
relaxations available to various categories as mentioned in Para 3 II (b) above.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
9
Officers in
Grade 'B'
(DR) - DSIM
Essential:
a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical
Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics &
Informatics with a minimum of 55% marks or equivalent grade in aggregate of
all semesters / years; OR
b. Master's Degree in Mathematics with a minimum of 55% marks or an
equivalent grade in aggregate of all semesters / years and one year post
graduate diploma in Statistics or related subjects from an Institute of repute;
OR
c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks
in aggregate of all semesters / years; OR
d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI
Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or
equivalent grade in aggregate of all semesters/years.
Note: For SC, ST and PwBD candidates, the minimum marks required in
Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent
grade in aggregate of all semesters/ years.
Desirable: (i) Candidates with a Doctorate in topics related to above subjects
will be given preference. (ii) Research or teaching experience and publication
in standard journals will be considered as an additional qualification.
Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified
subjects will be eligible for relaxation in upper age limit by 2 years and 4 years
respectively.
(ii) Candidates with research / teaching experience at a recognized Indian /
Foreign University/Institute will be eligible for relaxation in upper age limit to
the extent of number of years of such experience subject to a maximum of
three years. For experience, probationary period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age
relaxations available to various categories as mentioned in Para 3 II (b) above.
Note I: The candidate must hold a degree of any of the Universities incorporated by an Act of the
Central or State Legislature in India or other educational institutions established by an Act of
Parliament or declared to be deemed as a University under Section-3 of the University Grants
Commission Act, 1956, or possess an equivalent qualification from a Foreign University recognized
by the Association of Indian Universities.
Note II: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot
Aggregate Grade Points (e.g., CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines
criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be
accepted. However, where the University/Institute/ Board does not define criteria for conversion of
Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined
parameter(s) would be worked out as under:
Equivalent CGPA/OGPA/CPI or similar terminologies
allotted on a 10-point scale
Aggregate Percentage
of Marks
6.75 60%
6.25 55%
5.75 50%
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
10
Note III: Aggregate Grade Point or percentage of marks wherever awarded would mean aggregate
over the entire duration of the course.
Note IV: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number
other than 10, it will be normalized out of 10 and computed as per Note II above.
Note V: The relaxation in minimum educational qualifications for SC/ST/PwBD candidates
mentioned above is subject to reservation of vacancies under the respective post and category
and identification of posts for PwBD as notified above.
IV. Number of Attempts: Candidates belonging to General Category/EWSs, who have already
appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No
such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved
for them.
V. For Grade B (DR) (General), bank encourages candidates with no prior experience to apply.
4. SCHEME OF SELECTION: Selection for the aforementioned posts will be done through ONLINE
examinations in Phase - I and Phase - II and interview. Detailed scheme of selection is given at Appendix
- II (Gr. B(DR –General)/ Appendix- III (Gr. B(DR)-DEPR and Gr. B(DR)-DSIM) which are available on
the Bank's website www.rbi.org.in. The Centres where the examinations will be held are given below:
(i) Online Examination Centres for Phase I (Gr. B (DR –General)
State /UT Centre State /UT Centre
Andaman
& Nicobar
Port Blair Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur,
Sagar, Ujjain
Andhra Pradesh Guntur, Kakinada, Tirupati, Chirala,
Kurnool, Nellore, Vijaywada, Rajahmundry,
Vizianagaram Vishakhapatnam
Maharashtra Amravati, Aurangabad, Jalgoan,
Kolhapur, Mumbai / Navi Mumbai /
Thane, Nagpur, Nasik, Pune
Arunachal
Pradesh
Naharlagun city Manipur Imphal
Assam Dibrugarh, Guwahati, Jorhat, Silchar,
Tezpur
Meghalaya Shillong
Bihar Arrah, Bhagalpur, Darbhanga, Muzaffarpur,
Patna
Mizoram Aizawl
Chandigarh Chandigarh- Mohali Nagaland Kohima
Chhattisgarh Raipur, Bhilai, Bilaspur (CG) New Delhi Delhi-NCR, Delhi, Ghaziabad,
Noida& Greater Noida, Faridabad,
Meerut, Gurugram
Daman & Diu Rajkot Orissa Balasore, Berhampur (Ganjam),
Bhubaneswar, Cuttack, Rourkela,
Sambalpur
Goa Panaji Rajasthan Ajmer, Bikaner, Jaipur, Jodhpur,
Kota, Udaipur
Gujarat Ahmedabad, Anand, Mehsana, Gandhi
Nagar, Rajkot, Surat, Vadodara
Sikkim Gangtok-Bardang City
Haryana Ambala, Hissar, Kurukshetra. Tamilnadu Chennai, Coimbatore, Erode,
Madurai, Virudhunagar, Salem,
Namakkal, Thiruchirapalli,
Tirunelvelli,
Himachal
Pradesh
Hamirpur, Solan, Shimla Telangana Hyderabad- Rangareddy,
Karimnagar, Warangal
Jammu &
Kashmir
Jammu Tripura
Agartala
Ladakh Leh
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
11
Jharkhand Bokaro, Dhanbad, Hazaribaug,
Jamshedpur, Ranchi
Uttar Pradesh Agra, Prayagraj (Allahabad), Aligarh,
Bareilly, Gorakhpur, Jhansi, Kanpur,
Lucknow, Meerut, Moradabad,
Muzzafarnagar, Varanasi
Gorakhpur, Kanpur,
Lucknow, Meerut,
Varanasi
Karnataka Bengaluru, Gulbarga, Hubli, Mangalore,
Mysore, Shimoga, Udipi
Uttarakhand Dehradun, Haldwani, Roorkee City
Kerala Kannur, Kochi, Alappuzha, Kottayam,
Kozhikode, Malappuram, Thrichur,
Palakkad, Thiruvananthapuram, Kollam,
West Bengal Asansol, Kolkata, Greater Kolkata,
Kalyani, Siliguri
Puducherry Puducherry
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana,
Mohali, Patiala
(ii) Centres for Phase II -Gr B-(DR)(General)
Name of the Centres
Ahmedabad – Gandhi Nagar Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai- Navi Mumbai
Chandigarh- Mohali Nagpur
Chennai New Delhi- NCR
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram
Raipur
(iii) Centres for Paper I, II &III (DEPR/DSIM)
Name of the Centres
Ahmedabad – Gandhi Nagar Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai- Navi Mumbai
Chandigarh- Mohali Nagpur
Chennai New Delhi- NCR
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram
Raipur
(iv)The centres and the date of holding the examination as mentioned above are liable to be changed
at the discretion of the Board. Allotment of centres will be on the "first-apply-first allot" basis, and
once the capacity of a particular centre is attained, the same will be frozen. Applicants, who cannot
get a centre of their choice, will be required to choose a centre from the remaining ones. Applicants
are, thus, advised that they may apply early so that they could get a centre of their choice. NB:
Notwithstanding the aforesaid provision, the Board reserves the right to change the centres at their
discretion if the situation demands. All the Examination Centres will cater to examination for Low
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
12
Vision Candidates in their respective centres. Candidates admitted to the examination will be
informed of the timetable and place or places of examination. The candidates should note that no
request for change of centre will be entertained.
(v) Candidates can select only one centre for Phase-I and one centre for Phase-II separately and must
indicate the choice of centres in the online application. Choice of centre by candidates for Phase-I
and Phase-II Examinations can be different and must be indicated in the online application.
(vi)Candidates will appear for the examination at an Examination Centre at their own risks and
expenses. The Board does not make any arrangements for boarding/lodging of candidates. Board
will not be responsible for any injury or losses etc. of any nature during the course of Examination.
(vii) Interviews: Interviews will be conducted at some of the centres indicated at para 4 (ii) above,
details of which will be communicated in the interview call letter.
5. PRE-EXAMINATION TRAINING FOR SC/ST/OBC/PwBD CANDIDATES (Officers in Gr B (DR)-
General Only): The Bank will arrange free of cost, pre-examination training for Phase - I and Phase – II
(Only for those who have successfully cleared Phase – I) examinations in online mode. Detailed
instructions for candidates who may wish to avail of this facility are given in Appendix - IV which is also
available on the Bank's website www.rbi.org.in. Please note that undergoing the training will not confer
any right to the candidate to be called for the Examination or for recruitment in the Bank's service.
6. APPLICATION FEE AND INTIMATION CHARGES:
Sr.No. Category Charges Amount*
1. SC/ST/PwBD Intimation Charges only ₹100/-
2. GEN/OBC/EWSs Application fee including
intimation charges
₹850/-
3. STAFF@ Nil Nil
*Bank/Transaction charges are to be borne by the candidate.
@ Fee/Intimation charges waiver is only for those employees of RBI (staff candidates) who satisfy the
eligibility criteria separately stipulated by the Bank vide its circular CO. HRMD. No. G-75/ 5599/ 05.01.01/
2013-2014 dated December 20, 2013. Their status as staff candidate will be verified at the time of
interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD
circular), they are advised to indicate themselves as non-staff candidates and pay fees/ intimation charges
as applicable to non-staff candidates.
Note I: Applications without the prescribed Fee/ Intimation Charges shall be summarily rejected.
Note II: Fee/Intimation charges once paid shall not be refunded under any circumstances nor can the fee
be held in reserve for any other examination or selection.
Note Ill: Fee/ Intimation Charges are required to be paid only in the manner prescribed in this
advertisement.
7. HOW TO APPLY
(a) Candidates are required to apply only online using the website www.rbi.org.in and no other
means/mode of application will be accepted. Detailed instructions for filling up online applications are
available at Appendix-I which is available on the Bank’s website www.rbi.org.in. The applicants are
advised to submit a single application; however, if due to any unavoidable situation, if he/she submits
another/multiple applications, then he/she must ensure that application with the higher Registration ID
(RID) is complete in all respects like applicant’s details, examination centre, photograph, signature, left
thumb impression and handwriting undertaking, fee etc. The applicants who are submitting multiple
applications should note that only the last completed applications with higher RID shall be entertained
by the Board and fee paid against one RID shall not be adjusted against any other RID.
(b) All candidates, whether already in Government Service, Government owned industrial undertakings or
other similar organisations, whether in a permanent or temporary capacity or as work charged
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
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employees other than casual or daily rated employees or those serving under the Public Enterprises
are required to submit an undertaking in the Online application that they have informed in writing to
their Head of Office/Department that they have applied for the Examination. Candidates should note
that in case a communication is received from their employer by the Board withholding permission to
the candidates applying for/appearing at the examination, their application will be liable to be
rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates
will have to bring proper discharge certificates from their PSU/Government/Quasi-Government
employer.
NOTE 1: While filling in his/her Application Form, the candidate should carefully decide about his/her
choice of centre for the Examination. If any candidate appears at a centre other than the one indicated
by the Board in his/her Admission Letter, the papers of such a candidate will not be evaluated and his/her
candidature will be liable to cancellation.
NOTE 2: Suitable provisions for information regarding use of scribes by the blind candidates and
candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack
Victims and Muscular Dystrophy and candidates with multiple disabilities (as provided under Note II for
PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the
performance of function (minimum of 40% impairment) have been made in the online application at the
time of the initial online application itself.
NOTE 3: Suitable provision for information regarding availing of compensatory time by the blind
candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism,
Acid Attack Victims and Muscular Dystrophy and candidates with multiple disabilities (as provided under
Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of
slowing the performance of function (minimum of 40% impairment) whether availing the facility of scribe
or not have also been made available at the time of the initial online application itself.
NOTE 4: Candidates are not required to submit along with their applications any certificate in support of
their claims regarding Age, Educational Qualifications, Scheduled Castes/ Scheduled Tribes/Other
Backward Classes and Physically disabled, EWSs etc. which will be verified at the time of the Interview
only. Candidates belonging to the OBC category should have OBC certificate issued on or after January
01, 2021 but before the closing date of application. For EWSs candidates, the Income and Asset certificate
should be issued by a Competent Authority in the format as prescribed in DoPT Office Memorandum
No.36039/1/2019-Estt(Res) dated January 31, 2019. The candidate may please note that they should be
in possession of “Income and Assets Certificate” as per extant DoPT guidelines on or before the closure
of online application date. In case they are not in possession of the said certificate before the closing
date of online application, such EWS candidates should apply under “General (GEN)” category.
The candidates applying for the posts should ensure that they fulfil all the eligibility conditions for
admission to the Examination before the closure of ONLINE application date. Their admission at all the
stages of examination for which they are admitted by the Board viz. Phase -I, Phase - II or Interview Test
will be purely provisional, subject to their satisfying the prescribed eligibility conditions. If on verification
at any time before or after the Examinations and Interview Test, it is found that they do not fulfil any of
the eligibility conditions; their candidature for the examination will be cancelled by the Board. If any of
their claims is found to be incorrect, they may render themselves liable to disciplinary action by the Board.
A candidate who is or has been declared by the Board to be guilty of:
(i) Obtaining support for his/her candidature by the following means, namely: -
(a) offering illegal gratification to, or
(b) applying pressure on, or
(c) blackmailing, or threatening to blackmail any person connected with the conduct of the examination,
or
(ii) impersonating, or
(iii) procuring impersonation by any person, or
(iv) submitting fabricated documents or documents which have been tampered with, or
(v) making statements which are incorrect or false or suppressing material information, or
(vi) resorting to the following means in connection with his/her candidature for the examination, namely
a. obtaining copy of question paper through improper means,
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
14
b. finding out the particulars of the persons connected with secret work relating to the
examination.
c. influencing the examiners, or
(vii) using unfair means during the examination, or
(viii) writing obscene matter or drawing obscene sketches in the scripts, or
(ix) misbehaving in the examination hall including tearing of the scripts, provoking fellow examinees to
boycott examination, creating a disorderly scene and the like, or
(x) using a scribe / availing compensatory time in examination despite being ineligible, or
(xi) harassing or doing bodily harm to the staff employed by the Board for the conduct of their
examinations, or
(xii) being in possession of or using mobile phone, pager or any electronic equipment or device or any
other equipment capable of being used as a communication device during the examination, or
(xiii) violating any of the instructions issued to candidates along with their Admission Certificates
permitting them to take the examination, or
(xiv) attempting to commit or as the case may be abetting the Commission of all or any of the acts
specified in the foregoing clauses; may in addition to rendering himself/herself liable to criminal
prosecution, be liable.
a. to be disqualified by the Board from the examination for which he/she is a candidate and/or
b. to be debarred either permanently or for a specified period (i) by the Board from any
examination or selection held by them; (ii) by the Bank from any employment under them;
(iii) dismissal from service by the Bank if he / she is already in Bank's employment; and (iv)
if he/she is already in some other service, the Board writing to his/her employer for taking
disciplinary action.
Provided that no penalty shall be imposed except after (i) giving the candidate an opportunity of making
such representation, in writing as he/she may wish to make in that behalf; and (ii) taking the representation,
if any, submitted by the candidate within the period allowed to him/her into consideration.
8. LAST DATE OF RECEIPT OF APPLICATIONS: The Online Applications can be filled up to April 18,
2022 till 06:00 PM.
9. GENERAL INSTRUCTIONS:
(a) Correspondence with the Board: The Board will not enter into any correspondence with the candidates
about their candidature except in the following cases:
The eligible candidates shall be issued an Admission Letter two week before the commencement of the
examination. The Admission Letter will be made available on the Bank's website www.rbi.org.in for
downloading by candidates. No Admission letter will be sent by post. If a candidate does not receive his
e-Admission letter or any other communication regarding his/her candidature for the examination two
weeks before the commencement of the examination, he/she should at once contact the help facility as
mentioned above.
(b) No candidate will ordinarily be allowed to take the examination unless he/she holds an Admission Letter
for the examination. On downloading of e-Admission Letter, check it carefully and bring
discrepancies/errors, if any, to the notice of Board immediately.
(c) PROOF OF IDENTITY TO BE SUBMITTED AT THE TIME OF EXAMINATIONS: At the time of appearing
for Phase - I or Phase - II of the examination, candidates are required to produce a currently valid photo
identity card in original and a photocopy of the same, in addition to the admission letter. Acceptable
photo identity cards are PAN Card/ Passport/ Driving Licence/ Voter’s Card/ Bank Passbook with
photograph/ Photo identity proof issued by a Gazetted Officer on official letterhead/ Photo identity proof
issued by a People's Representative on official letterhead/ valid recent Identity Card issued by a
recognised college / university/ e-Aadhar card / Aadhar card with a photograph/ Employee ID/ Bar
Council Identity card with photograph. The candidate's identity will be verified with respect to his/her
details on the Admission Letter /Examination Call Letter, in the Attendance List and requisite documents
submitted. Please note that if identity of the candidate is in doubt, the candidate may not be allowed to
appear for the Examination.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
15
Note: Candidates have to produce in original the photo identity proof and submit a photocopy of the photo
identity proof along with Admission Letter/ Examination Call Letter while attending each shift of the
examination without which they will not be allowed to take up the examination. For Phase-II examination,
candidates will have to carry two/three photocopies of photo ID proof, as there will be two/three shifts.
However, in Phase-I only one photocopy of photo ID will be sufficient. Candidates must note that the name
(provided during the process of registration) as appearing on the call letters should exactly match the
name as appearing on the photo identity proof, certificates, mark-sheets. Female candidates who have
changed first/last/middle name post marriage must take special note of this. In case of candidates
who have changed their name, will be allowed only if they produce - original Gazette
Notification/their original marriage certificate/affidavit in original, together with a photocopy. If
there is any mismatch between the name indicated in the Admission Letter/ Examination Call Letter
and Photo Identity Proof, the candidate will not be allowed to appear for the examination.
(d) The Board would be analysing the responses of all appeared candidates to detect abnormal similarity of
responses. On the basis of such an analysis, if it is found that the responses have been shared and
scores obtained are not genuine/ valid, the Board reserves the right to cancel his/her candidature.
(e) Board does not assume any responsibility for the candidates not being able to submit their applications
within the last date on account of or for any other reason beyond the control of the Board.
(f) The candidates should note that their admission to the examination will be purely provisional based on
the information given by them in the Application Form. This will be subject to verification of all the eligibility
conditions by the Board/Bank. The mere fact that an Admission Letter has been issued to a candidate,
will not imply that his/her candidature has been finally cleared by the Board or that entries made by the
candidate in his/her application for the Preliminary examination have been accepted by the Board as
true and correct. Unless candidature is formally confirmed by the Board, it continues to be provisional.
The decision of the Board as to the eligibility or otherwise of a candidate for admission to the Examination
shall be final.
(g) Candidates should note that the name in the Admission letter in some cases, may be abbreviated due
to technical reasons.
(h) The possibility for occurrence of some problems in the administration of the examinations cannot be
ruled out completely, which may impact test delivery and/or result from being generated. In that event,
every effort will be made to rectify such problem, which may include movement of candidates, delay in
test. Conduct of a re-exam is at the absolute discretion of RBISB/test conducting body. Candidates will
not have any claim for a re-test. Candidates not willing to move or not willing to participate in the delayed
process of test delivery shall be summarily rejected from the process.
(i) Candidates are advised to keep their e-mail ID/mobile number alive for receiving advices viz. Admission
letters/Interview letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send
any communication through any other mode.
(j) The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria
separately stipulated by the Bank vide their circular CO. HRMD.No.G-75/ 5599/ 05.01.01/ 2013-2014
dated December 20, 2013 and who apply Online within the closing date. Their status as staff candidate
will be verified at the time of interview.
(k) The Board does not furnish the mark-sheet to candidates. Marks obtained in Phase-I (Online exam) will
be made available on the website (www.rbi.org.in) in an interactive mode, after shortlisting of candidates
for Phase-II. However, the marks obtained in Phase-II Examination and Interview will be made available
on the Bank's web-site in an interactive mode only after declaration of the final result.
(l) Any canvassing by or on behalf of the candidates or to bring political or other outside influence with
regard to their selection/recruitment shall be considered as disqualification.
(m) In all matters regarding eligibility, conduct of examinations, interviews, assessment, prescribing minimum
qualifying standards in both the Examination and interview, in relation to number of vacancies and
communication of result, the Board's decision shall be final and binding on the candidates and no
correspondence shall be entertained in this regard.
(n) The eligibility for availing reservation against the vacancies reserved for the PwBD shall be the same as
prescribed in “Rights of Persons with Disabilities (RPWD) Act 2016" provided further that the PwBD shall
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
16
also be required to meet special eligibility criteria in terms of physical requirements/functional
classification (abilities/disabilities) consistent with requirements prescribed.
(o) A candidate will be eligible to get the benefit of community reservation only in case the particular caste
to which the candidates belong is included in the list of reserved communities issued by the Central
Government. If a candidate indicates in his/her application form that he/she belongs to General category
but subsequently writes to the Board to change his/her category to a reserved one or from reserved to
unreserved, such request shall not be entertained by the Board. Similar principle will be followed for
EWSs/PwBD categories also. In case of a candidate unfortunately becoming physically disabled during
the course of the examination process, the candidate should produce valid document showing him/her
acquiring a disability to the extent of 40% or more as defined under RPWD Act, 2016 to enable him/her
to get the benefits of PwBD reservation.
(p) Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/EWSs/Ex-
servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed.
They should also be in possession of all the requisite certificates in the prescribed format in support of
their claim as stipulated for such benefits and these certificates should be dated earlier than the due date
(closing date) of the application.
(q) Please note that corrigendum, if any, issued on the above advertisement, will be published only on the
Bank's website www.rbi.org.in.
(r) Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the
Courts situated at Mumbai only.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
17
Appendix I
HOW TO APPLY
Candidates must apply only online through the Bank's website i.e. www.rbi.org.in from March 28, 2022 to
April 18, 2022 (till 06:00 PM). No other means/mode of applications will be accepted.
Candidates desirous of applying for posts in both Gr. B (DR)-General and Gr B (DR) DEPR or DSIM (as
the case may be) are required to apply using links for both the positions separately and pay the fees for
both.
(A) PRE-REQUISITES FOR APPLYING ONLINE:
Before applying online, candidates should—
(i) scan their:
- photograph (4.5cm × 3.5cm)
- signature (with black ink)
- left thumb impression (on white paper with black or blue ink)
- a handwritten declaration (on a white paper with black ink) (text given below) as
detailed under guidelines for scanning the photograph and signature as
detailed at (D) below.
(ii) Signature in CAPITAL LETTERS will NOT be accepted.
(iii) The left thumb impression should be properly scanned and not smudged. (If a candidate
is not having left thumb, he/she may use his/ her right thumb for applying.)
(iv) The text for the hand-written declaration is as follows –
“I, _______ (Name of the candidate), hereby declare that all the information submitted by
me in the application form is correct, true and valid. I will present the supporting documents
as and when required.”
(v) The above-mentioned hand-written declaration has to be in the candidate’s handwriting and
in English only. If it is written and uploaded by anybody else or in any other language, the
application will be considered as invalid. (In the case of Visually Impaired candidates
who cannot write may get the text of declaration typed and put their left hand thumb
impression below the typed declaration and upload the document as per
specifications.)
(vi) The candidate is required to keep documents/details ready to enable him/her to fill up the
application form correctly and to make online payment of fees/intimation charges. The name
of the candidate or his/her father/mother/husband, etc. should be spelt correctly in the
application as it appears in the photo identity proof/ certificates/mark sheets
(vii) Have a valid personal email ID and mobile number which should be kept active till the
declaration of final result. This is essential for him/her in getting communication/interview
advice, etc. by E-mail. The Board does not send any communication by any mode other
than E-mail /SMS. No change in E-mail ID will be entertained during the entire process of
the recruitment.
(B) PROCEDURE FOR APPLYING ONLINE:
(i)Candidates satisfying the conditions of eligibility as on January 01, 2022 are first required to visit
the URL “Recruitment for the post of “Officers in Gr.’B’ (DR) GENERAL/ DEPR/DSIM” on Bank's
website i.e. www.rbi.org.in >Opportunities@RBI >Current Vacancies > Vacancies and click on the
hyperlink “Online Application Form” in the advertisement page for filling the ‘Online Application’. It
redirects the candidates to the online registration page.
(ii)Candidates will have to enter their basic details and upload the photograph, signature, left thumb
impression and a hand-written declaration in the online application form as per the specifications
given.
(iii)To register application, choose the tab "Click here for New Registration" and enter Name, Contact
details and Email-id. A Provisional Registration Number and Password will be generated by the
system and displayed on the screen. Candidate should note down the Provisional Registration
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
18
Number and Password. An Email & SMS indicating the Provisional Registration number and
Password will also be sent.
(iv)In case the candidate is unable to complete the application form in one go, he / she can save the
data already entered by choosing "SAVE AND NEXT" tab. Prior to submission of the online
application, candidates are advised to use the "SAVE AND NEXT" facility to verify the details in the
online application form and modify the same if required. Visually Impaired candidates should fill the
application form carefully and verify/get the details verified to ensure that the same are correct prior
to final submission.
(v) Candidates are advised to carefully fill and verify the details filled in the online application
themselves as no change will be possible/entertained after clicking the COMPLETE
REGISTRATION BUTTON.
(vi) The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the
application as it appears in the Photo identity proof / Certificates/ Mark sheets. Any change/alteration
found may disqualify the candidature.
(vii) Validate your details and Save your application by clicking the 'Validate your details' and 'Save &
Next' button.
(viii) Proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning
and Upload of Photograph and Signature
(ix) Proceed to fill other details of the Application Form.
(x) Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.
(xi) Modify details, if required, and click on 'FINAL SUBMIT' ONLY after verifying and ensuring that the
photograph, signature uploaded, and other details filled by you are correct.
(xii) Click on 'Payment' Tab and proceed for payment.
(xiii) Click on 'Submit' button.
(xiv) Candidates shall be solely responsible for filling up the online applications correctly. In case of
invalid applications due to errors committed by the applicant no claims for refund of application
fees/intimation charges so collected shall be entertained by the Board.
(xv) To avoid last minute rush, candidates are advised to pay the application fees/ intimation charges
and register online at the earliest.
(xvi) Board does not assume any responsibility for the candidates not being able to submit their
applications within the last day on account of aforesaid reasons or any other reason.
(C) MODE OF PAYMENT FOR APPLICATION FEE/INTIMATION CHARGES: Candidates have to make
the payment of requisite fee/intimation charges through the online mode only:
(i) The application form is integrated with the payment gateway and the payment process can be
completed by following the instructions.
(ii) The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards,
Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
(iii) After submitting your payment information in the online application form, PLEASE WAIT FOR THE
INTIMATION FROM THE SERVER. DO NOT PRESS BACK OR REFRESH BUTTON IN ORDER
TO AVOID DOUBLE CHARGE.
(iv) On successful completion of the transaction, an e-Receipt will be generated.
(v) Non-generation of 'E-Receipt' indicates PAYMENT FAILURE. On failure of payment, Candidates
are advised to login again using their Provisional Registration Number and Password and repeat
the process of payment.
(vi) Candidates are required to take a printout of the e-Receipt and online Application Form. Please
note that if the same cannot be generated, online transaction may not have been successful.
(vii) For Credit Card users: All charges are listed in Indian Rupee. If you use a non-Indian credit card,
your bank will convert to your local currency based on prevailing exchange rates.
(viii) To ensure the security of your data, please close the browser window once your transaction is
completed.
(ix) There is facility to print application form containing fee details after payment of fees upto May 28,
2022.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
19
(D) GUIDELINES FOR SCANNING & UPLOADING THE PHOTOGRAPH & SIGNATURE:
Before applying online, a candidate will be required to have a scanned (digital) image of his/her
photograph and signature as per the specifications given below.
Photograph Image: (4.5cm × 3.5cm)
 Photograph must be a recent passport style colour picture.
 Make sure that the picture is in colour, taken against a light-coloured, preferably white
background.
 Look straight at the camera with a relaxed face
 If the picture is taken on a sunny day, have the sun behind you, or place yourself in the shade,
so that you are not squinting and there are no harsh shadows
 If you have to use flash, ensure there's no "red-eye"
 If you wear glasses make sure that there are no reflections and your eyes can be clearly seen.
 Caps, hats and dark glasses are not acceptable. Religious headwear is allowed but it must not
cover your face.
 Dimensions 200 x 230 pixels (preferred)
 Size of file should be between 20kb–50 kb
 Ensure that the size of the scanned image is not more than 50kb. If the size of the file is more
than 50 kb, then adjust the settings of the scanner such as the DPI resolution, no. of colours
etc., during the process of scanning.
Signature, Left Thumb (LT) impression and Handwriting declaration Image:
 The applicant has to sign on white paper with Black Ink pen.
 The applicant has to put his left thumb impression on a white paper with black or blue ink.
 The applicant has to write the declaration in English clearly on a white paper with black ink
 The signature, left thumb impression and the hand-written declaration should be of the applicant
and not of any other person.
 The signature will be used to put on the Call Letter and wherever necessary.
 If the Applicant’s signature on the attendance sheet or Call letter, signed at the time of the
examination does not match the signature uploaded, the applicant will be disqualified.
 Dimensions 140 x 60 pixels (preferred)
 Size of file should be between 10kb – 20kb for signature and left thumb impression should be
between 20kb – 50kb.
 For hand written declaration size of file should be 50kb – 100 kb
 Ensure that the size of the scanned image is not more than 20kb (for signature and 50kb for left
thumb impression) and 100 kb (for hand written declaration).
 Signature / Hand written declaration in CAPITAL LETTERS shall NOT be accepted.
Scanning the documents:
 Set the scanner resolution to a minimum of 200 dpi (dots per inch)
 Set Color to True Color
 File Size as specified above.
 Crop the image in the scanner to the edge of the photograph/signature/ left thumb impression /
hand written declaration, then use the upload editor to crop the image to the final size (as
specified above).
 The image file should be JPG or JPEG format. An example file name is: image01.jpg or
image01.jpeg. Image dimensions can be checked by listing the folder files or moving the mouse
over the file image icon.
 Candidates using MS Windows/MSOffice can easily obtain documents in .jpeg format not
exceeding 50kb (photograph) and 100kb for (hand-written declaration) & 20kb for (signature)
and 50kb for (left thumb impression) by using MS Paint or MSOffice Picture Manager. Scanned
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
20
documents in any format can be saved in .jpg format by using ‘Save As’ option in the File menu
and size can be reduced below 50 kb (photograph) and 100 kb for (hand written declaration) &
20 kb (signature) and 50 kb for (left thumb impression) by using crop and then resize option
(Please see point (i) & (ii) above for the pixel size) in the ‘Image’ menu. Similar options are
available in other photo editor also.
 If the file size and format are not as prescribed, an error message will be displayed.
 While filling in the Online Application Form, the candidate will be provided with a link to upload
his/her photograph, signature, left thumb impression and hand-written declaration.
Procedure for Uploading the documents
 There will be separate links for uploading Photograph, signature, left thumb impression and
hand-written declaration
 Click on the respective link “Upload Photograph / signature / left thumb impression / hand written
declaration”
 Browse and Select the location where the Scanned Photograph / signature / left thumb
impression / hand written declaration file has been saved.
 Select the file by clicking on it
 Click the ‘Open/Upload’ button
Your Online Application will not be registered unless you upload your Photograph, signature, left thumb
impression and hand-written declaration as specified.
Note:
(1) In case the face in the photograph or signature or left thumb impression or the hand-written
declaration is unclear / smudged the candidate’s application may be rejected.
(2) After uploading the Photograph / signature / left thumb impression / hand written declaration in
the online application form, candidates should check that the images are clear and have been
uploaded correctly. In case the photograph or signature or left thumb impression or the hand-
written declaration is not prominently visible, the candidate may edit his/ her application and re-
upload his/ her photograph or signature, prior to submitting the form.
(3) After registering online candidates are advised to take a printout of their system generated online
application forms.
NOTE: Please note that Corrigendum, if any, issued on the above advertisement, will be published only
on the Bank’s website www.rbi.org.in
(Hindi version of this advertisement is available on Hindi website of Bank)
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
21
Appendix II
SCHEME OF SELECTION AND SYLLABUS FOR OFFICERS IN GR B (DR)-GENERAL- 2022:
Selection will be through ONLINE examinations and interview. Examinations will be held in two phases,
as described in following paragraphs.
(I) Phase-I online Examination (Objective Type): This will comprise a single Paper for 200 marks
and will be held on May 28, 2022. Depending on the number of candidates, the examination may
be held in multiple shifts and on some other days also. A candidate, however, must appear for
examination in only one shift on the given day. The date, time and venue on which a candidate
has to appear for examination will be specified in the Admission Letter (AL) to be downloaded by
the candidate from our website (www.rbi.org.in). The ‘corrected-scores’ obtained by each of the
candidates in different sessions (if held) will be normalized using equipercentile method. (If the
examination is held in more than one session, the scores across various sessions will be equated
following IBPS’ standard practice to adjust for slight differences in difficulty level of different test
batteries used across sessions.)
a) The Paper will consist tests of
i. General Awareness
ii. English Language
iii. Quantitative Aptitude and;
iv. Reasoning
A total time of 120 minutes will be given for answering. However, separate time will be allotted for each
test. Other detailed information regarding the examination will be given in an Information Handout, which
will be made available for the candidates to download along with the Admission letter for examination from
the RBI website.
Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be
prescribed by the Board.
Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for
Phase-II of the examination based on the aggregate marks obtained in Phase-I. The minimum aggregate
cut-off marks for being shortlisted for Phase-II of the examination will be decided by the Board in relation
to the number of vacancies. Roll No. of the candidates shortlisted for Phase-II examination will be
published on RBI web-site, tentatively within a week after Phase-I examination.
(II) Phase-II online Examination: The Phase-II online Examination will be conducted on June 25,
2022 only for the candidates who are shortlisted on the basis of results of Phase-I and based on
the cut-off decided by the Board. The Phase-II examination will be in shifts. Candidates are
required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-
table for Phase-II will be intimated to the candidates concerned along with Admission Letter for
Phase-II. Phase–II online examination will consist of three papers as under:
Name of Paper Type of Paper Time
(Minutes)
Number of
questions
Marks
Paper-I:
Economic and Social
Issues
50% Objective Type
50% Descriptive Type,
answers to be typed with the
help of the keyboard.
Candidates opting to type the
answers in Hindi, may type
with the help of either: (i)
Inscript or (ii) Remington
(GAIL) keyboards layout.
30
90
Total 120
@ 50
50
Total 100
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
22
Paper II:
English (Writing Skills)
Descriptive, to be typed with
the help of the keyboard
90 3 100
Paper-III:
General Finance and
Management
50% Objective Type
50% Descriptive Type,
answers to be typed with the
help of the keyboard.
Candidates opting to type the
answers in Hindi, may type with
the help of either: (i) Inscript or
(ii) Remington (GAIL)
keyboards layout.
120 @ 50
50
Total 100
@For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some
questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions,
6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15
marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4
questions in descriptive, first 4 shall be evaluated.
NOTE: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi
and English.
The Board reserves the right to modify the exam dates and time entirely at its discretion.
(III) Interview: Candidates will be shortlisted for the interview, based on aggregate of marks obtained
in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being
shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll
No. of the candidates shortlisted for interview will be published on RBI website at appropriate time
and interview call letters will be sent on registered email ID. Interview will be of 75 marks.
Candidate shall be required to undergo Psychometric Test conducted by the Bank before
appearing for the Interview, no marks will be allotted for the same, and will not form part of the
final selection criteria. Candidate may opt for interview either in Hindi or English. Final Selection
will be through merit list which will be prepared by adding marks secured by candidates in Phase-
II examination and interview and grace marks as applicable as per extant rules.
SYLLABI (Phase-II)
Paper-I - Economic and Social Issues (ESI):
Growth and Development – Measurement of growth: National Income and per capita income – Poverty
Alleviation and Employment Generation in India – Sustainable Development and Environmental issues.
Indian Economy – Economic History of India - Changes in Industrial and Labour Policy, Monetary and
Fiscal Policy since reforms of 1991 – Priorities and recommendations of Economic Survey and Union
Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and
Reserve Bank in the development process - Public Finance - Political Economy - Industrial Developments
in India- Indian Agriculture - Services sector in India.
Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy –
International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation;
International Economic Issues
Social Structure in India – Multiculturalism – Demographic Trends – Urbanisation and Migration –
Gender Issues – Social Justice: Positive Discrimination in favour of the under privileged – Social
Movements – Indian Political System – Human Development – Social Sectors in India, Health and
Education.
Suggested reference material:
 Books: Indian Economy: 1. Uma Kapila (series of books) 2. Indian Economy: Mishra & Puri (Latest
Edition) 3. Growth and Development: Devraj Ray 4. Sociology: C.N. Shankar Rao 5. Public
Finance - K K Andley and Sundaram
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
23
 Newspapers including Mint, Business Line, etc.
 Magazines/Periodicals/ Bulletins including RBI Bulletins, EPW, India Today, etc.
 Reports: 1. World Development Report 2. Economic Survey of India 3. RBI Annual Report 4.
Report on Trend and Progress of Banking in India, etc. 5. IMF: World Economic Outlook
 Material sourced from RBI website
Paper-II -English (Writing Skills):
The paper on English shall be framed in a manner to assess the writing skills including expression and
understanding of the topic.
Paper-III - General Finance and Management:
a) Financial System
1. Reserve Bank of India and Financial Institutions
2. Reserve Bank of India- functions and conduct of monetary policy
3. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank,
NABARD, NHB, etc., Changing landscape of banking sector.
4. Impact of the Global Financial Crisis of 2007-08 and the Indian response
b) Financial Markets
Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent
developments.
c) General Topics
1. Risk Management in Banking Sector
2. Basics of Derivatives
3. Global financial markets and International Banking – broad trends and latest developments.
4. Financial Inclusion
5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
6. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and
inefficiency in the government sector.
7. The Union Budget – Concepts, approach and broad trends
8. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components
and trends; striking a balance between inflation and growth through monetary and fiscal policies.
9. FinTech
Suggested reference material:
Finance
 Monetary Theory and Public Policy – Kenneth Kurihara
 Indian Economy – Mishra & Puri
 Economic Growth and Development – Mayer and Baldwin
 Financial Management – Prasanna Chandra
 Major financial newspapers
 International business by Hill and Jain
 RBI Annual Report, Report on Trend and Progress of Banking in India, etc.
 Economic Survey
 Material sourced from RBI website
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
24
d) Management:
 Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution
of management thought: Scientific, Administrative, Human Relations and Systems approach to
management; Management functions and Managerial roles; Nudge theory
Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big
five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation:
Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’
theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms
expectancy theory).
Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and
Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of
Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types,
Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change;
Organizational Development (OD): Organisational Change, Strategies for Change, Theories of
Planned Change (Lewin’s change model, Action research model, Positive model).
 Ethics at the Workplace and Corporate Governance:
Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing
social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights,
justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory,
relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources,
Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of
Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.
Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate
Governance
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written
Communication; Verbal versus non-verbal Communication; upward, downward and lateral
communication; Barriers to Communication, Role of Information Technology.
Suggested reference material:
Management
 Stephen P. Robbins & Mary Coulter, Management.
 Robbins Stephen P and Judge T.A., Vohra, Organisational Behaviour
 Dessler Gary, Warkkey Biju- Human Resource Management
 Decenzo and Robbins- Fundamentals of Human Resource Management
 Velasquez Manuel G: Business Ethics- Concepts and Cases.
 Fernando A.C.: Business Ethics – An Indian Perspective.
 Crane Andrew & Matten Dirk: Business Ethics
 Ghosh B N: Business Ethics & Corporate Governance
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
25
Appendix-III
SCHEME OF SELECTION FOR OFFICERS IN GR B (DR)-DEPR /DSIM:
A. Officers in Grade 'B' (DR) – DEPR-2022- Job Requirement, Scheme of Selection and syllabus
(i) Job Requirements: Primarily to undertake economic analysis and research and contribute to
policy formulation, apart from compilation of data relating to select sectors.
(ii) Scheme of Selection:
Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the
Examination. Paper I Objective Type (on Economics) to be held on July 02, 2022 and Paper II & III
will be held on August 06, 2022(date to be confirmed in admit cards).
Name of Paper Duration Maximum Marks
Paper-I Objective Type (on Economics) 120 minutes 100
Paper-II Descriptive Type (on Economics)
(Question paper displayed on computer,
answers to be written on paper)
180 minutes 100
Paper-III English – Descriptive
(To be typed with help of keyboard)
90 minutes 100
Total 300
A composite time of 120 minutes will be given for answering Paper I. Other detailed information
regarding the examination will be given in an Information Handout, which will be made available
for the candidates to download along with the Admission letter for examination from the RBI
website.
Candidates have to secure minimum marks as may be prescribed by the Board.
Candidates, who secure minimum aggregate marks in Paper I, as prescribed, will be shortlisted
for Paper-II/ Paper III of the examination based on the marks obtained in Paper-I. The minimum
aggregate cut-off marks for being shortlisted for Paper II and Paper III of the examination will be
decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted
for Paper II and Paper III examination will be published on RBI web-site, tentatively within a week
after Paper -I examination.
(iii)Paper – II and III online/Written Examination: The Paper II and Paper III Examination will be
conducted on August 06, 2022 only for the candidates who are shortlisted on the basis of results
of Paper-I. The Paper II and Paper III examination will be in shifts. Candidates are required to
appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for
Paper II and Paper III will be intimated to the candidates concerned along with Admission Letter
for Paper II and Paper III.
(iv)Question papers for 'WE' will be set in Hindi and in English (except Paper-III on English).
Answers for Paper-II may be written either in Hindi or English. Paper-III will have to be answered in
English only. Candidates may opt for interview in Hindi or English.
(v) The number of candidates to be called for interview will be decided by the Board.
(vi) Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview
taken together. Interview will be of 75 marks. Candidate may opt for interview either in Hindi or
English.
(vii) Candidate shall be required to undergo Psychometric Test conducted by the Bank before
appearing for the Interview, no marks will be allotted for the same, and will not form part of the
final selection criteria.
(viii) Syllabi: (i) Standard of papers on Economics would be that of Master's Degree examination in
Economics of any Central University in India. (ii) Syllabus for English: The paper on English shall
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
26
be framed in a manner to assess the writing skills including expression and understanding of the
topic.
(ix) Suggested reading material: RBI publications viz., Annual Report, Report on Trend and
Progress of Banking in India, Monetary Policy Report and the Financial Stability Report and the
Economic Survey published by the Government of India over the previous two years.
B. Officers in Grade 'B' (DR) – DSIM- 2022- Job Requirement, Scheme of Selection and
syllabus
(i) Job Requirements: To undertake collection, compilation, analysis and interpretation of
data on banking, corporate and external sectors; Modelling and forecasting of inflation,
growth and other important macroeconomics indicators; Analytical studies involving
statistical/econometric models in the operational areas of interest to the Reserve Bank;
Planning, designing and organizing sample surveys; maintaining technology-driven
centralized reporting system and Data warehouse for information management
/dissemination; and Development of methodology for the measurement and estimation of
variables and improvement of the database of various sectors of the economy.
(ii) Scheme of Selection:
Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for
the Examination. Paper I Objective Type (on Statistics) to be held on July 02, 2022 and Paper II
& III will be held on August 06, 2022 (date to be confirmed in admit cards).
Name of Paper Duration Maximum Marks
Paper-I Objective Type (on Statistics) 120 minutes 100
Paper-II Descriptive Type (on Statistics)
(Question paper displayed on computer,
answers to be written on paper)
180minutes 100
Paper-III English – Descriptive
(To be typed with help of keyboard)
90 minutes 100
Total 300
A composite time of 120 minutes will be given for answering Paper I. Other detailed information
regarding the examination will be given in an Information Handout, which will be made available
for the candidates to download along with the Admission letter for examination from the RBI
website.
Candidates have to secure minimum marks as may be prescribed by the Board.
Candidates, who secure minimum aggregate marks in Paper I, as prescribed, will be shortlisted
for Paper-II/ Paper III of the examination based on the aggregate marks obtained in Paper-I. The
minimum aggregate cut-off marks for being shortlisted for Paper II and Paper III of the examination
will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates
shortlisted for Paper II and Paper III examination will be published on RBI web-site, tentatively
within a week after Paper -I examination.
(i) (iii) Paper – II and III online/Written Examination: The Paper II and Paper III Examination will
be conducted on August 06, 2022 only for the candidates who are shortlisted on the basis of
results of Paper-I. The Paper II and Paper III examination will be in shifts. Candidates are required
to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for
Paper II and Paper III will be intimated to the candidates concerned along with Admission Letter
for Paper II and Paper III.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
27
(iv) Question papers for 'WE' will be set in Hindi and in English (except Paper-III on English).
Answers for Paper-II may be written either in Hindi or English. Paper-III will have to be answered in
English only. Candidates may opt for interview in Hindi or English.
v) The number of candidates to be called for interview will be decided by the Board.
vi) Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview
taken together. Interview will be of 75 marks. Candidate may opt for interview either in Hindi or
English.
vii)Candidate shall be required to undergo Psychometric Test conducted by the Bank before
appearing for the Interview, no marks will be allotted for the same, and will not form part of the
final selection criteria.
Syllabi: Standard of papers would be that of Master's Degree examination of any Central
University in India.
Paper-I: Questions would cover Probability: Definition of Probability, Standard distribution,
Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses,
Multivariate analysis and Stochastic Processes.
Paper-II: Questions would cover (i) Probability and Sampling, (ii) Linear Models and Economic
Statistics, (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test,
(iv) Stochastic Processes, (v) Multivariate analysis and (vi) Numerical Analysis and Basic
Computer Techniques. There will be sufficient choice for candidates to attempt the required
number of questions from any three or more of the above six groups.
Paper-III: English: The paper on English shall be framed in a manner to assess the writing skills
including expression and understanding of the topic.
C. Manner of conduct of examinations for GR B (DR)-DEPR /DSIM:
(i) The examination will be conducted on two days i.e. Paper I on July 02, 2022 and Paper
II & III will be held separately on August 06, 2022(date to be confirmed in admit cards).
(ii) Paper – I (Objective type on Economics / Statistics as the case may be) will be conducted
online and comprise multiple choice questions.
(iii) Paper – II (Economics / Statistics as the case may be) will be a descriptive type pen/paper
based examination where the questions will be displayed on computer screen.
(iv) Paper – III (English) will be of descriptive type where the candidates will be expected to type
out answers on a computer.
(v) The Board reserves the right to modify the exam dates and time entirely at its discretion.
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
28
Appendix- IV
PRE-EXAMINATION TRAINING FOR SC/ST/OBC/PwBD CANDIDATES appearing for Officers in Gr
B (DR)- General- 2022
The Bank will arrange free of cost pre-examination training for for Phase - I and Phase – II (Only for those
who have successfully cleared Phase – I) examinations for SC/ST/OBC/PwBD candidates in online
mode. Candidates who desire to avail of the training may apply (by email only) separately to the Regional
Director/General Manager, Reserve Bank of India at any one of the convenient centres marked (**) below,
in the format furnished below on or before April 18, 2022. Candidates should not send their application
for training to the Reserve Bank of India Services Board's Office (Board) as the Board will not
entertain such applications.
FORM OF APPLICATION FOR TRAINING
The Regional Director/General Manager Place:
Reserve Bank of India Date:
Human Resource Management Department
**---------------------------
Dear Sir/Madam,
Pre-examination training – Officers in Gr-'B'-Gen. (DR)- PY 2022
I have applied to the Reserve Bank of India Services Board (RBISB) for the post of Officer in Gr-'B'-
Gen.(DR)- PY 2022. Please register my name for training in English/Hindi# medium. I enclose an attested
copy of the Caste/PwBD Certificate and a copy of online registered application receipt of fees/intimation
charges paid online. I note that I will have to make my own arrangements for stay and meet all my
expenses. I also note that undergoing the training will not confer on me any right to be called for the
Examination or for recruitment in the Bank's service.
Yours faithfully
(Signature)
Name and Address:………………………………………………………………….
Provisional application Registration No. ………………………………………..
Encl.: Attested copy of the Caste/PwBD Certificate and online registered application and copy of receipt
of fees/intimation charges paid online.
# Delete inapplicable.
(Note: Training in Hindi will be held only if sufficient numbers of candidates are registered)
**Postal Addresses and email of the Centre: One Centre to be chosen from the list given below:
1. Ahmedabad: Ashram Road, Ahmedabad-380014 (rdahmedabad@rbi.org.in); 2. Bengaluru:
10/3/08, Nrupatunga Road, Bengaluru-560001(rdbengaluru@rbi.org.in); 3. Bhopal: Hoshangabad
Road, Bhopal- 462011 (rdbhopal@rbi.org.in); 4. Bhubaneswar: Pt. Jawaharlal Nehru Marg,
Bhubaneswar-751001 (rdbhubaneswar@rbi.org.in); 5. Chandigarh: Central Vista, Opp. Telephone
Bhawan, Sector 17, Chandigarh -160017(rdchandigarh@rbi.org.in); 6. Chennai: 16, Fort Glasis, Rajaji
Salai, Chennai-600001 (rdchennai@rbi.org.in); 7. Guwahati: Station Road, Panbazar, Guwahati-
781001 (rdguwahati@rbi.org.in); 8. Hyderabad: 6-1-56,Secretariat Road, Saifabad, Hyderabad -
500004 (rdhyderabad@rbi.org.in); 9. Jaipur: Rambagh Circle, Tonk Road, Jaipur-302004
(rdjaipur@rbi.org.in); 10. Jammu: Rail Head Complex, Jammu-180012 (rdjammu@rbi.org.in); 11.
Kanpur: M.G. Road, Kanpur-208001(rdkanpur@rbi.org.in); 12. Kochi: Ernakulam North, Kochi-
Reserve Bank of India Services Board, Mumbai
Advt. No. 2A /2021-22
29
682018 (gminckochi@rbi.org.in); 13. Kolkata: 15, Netaji Subhash Road, Kolkata-700001
(rdkolkata@rbi.org.in); 14. Lucknow: 8-9, Vipin Khand, Gomti Nagar, Lucknow-226010
(rdlucknow@rbi.org.in); 15. Navi Mumbai: Plot No.3, Sector 10, H.H. Nirmaladevi Marg, CBD Belapur,
Navi Mumbai-400614 (gmoicbelapur@rbi.org.in); 16. Nagpur: Main Office Building, Dr. Raghavendra
Rao Road, Civil Lines, Nagpur-440001(rdnagpur@rbi.org.in); 17. New Delhi: 6, Sansad Marg, New
Delhi-110001(rdnewdelhi@rbi.org.in); 18. Panaji: 7th Floor, Gera Imperium-II, Patto, Panaji, Goa-
403001(gmincpanaji@rbi.org.in); 19. Patna: South Gandhi Maidan, Patna-
800001(rdpatna@rbi.org.in); 20. Pune: College of Agricultural Banking, Reserve Bank of India,
University Road, Pune-411016 (principalcab@rbi.org.in); 21. Thiruvananthapuram: Bakery Junction,
Thiruvananthapuram-695033 (rdthiruvananthapuram@rbi.org.in). 22. Raipur: Subhashish Parisar
Satya Prem Vihar, Mahadev Ghat Road, Sunder Nagar, Raipur-492 013 (rdraipur@rbi.org.in)

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ADVTGRBDRDEPRDSIM2022D061270C271048D78D61F523DBA1AD6A.PDF

  • 1. RESERVE BANK OF INDIA SERVICES BOARD, MUMBAI Advt. No. 2A /2021-22 (This advertisement and the link to apply Online can be accessed on RBI Website www.rbi.org.in) RESERVE BANK OF INDIA - DIRECT RECRUITMENT FOR THE POST OF OFFICERS IN GRADE ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) STREAMS- PANEL YEAR 2022 IMPORTANT INSTRUCTIONS ‘Build your Nation. Build your career’ Life with RBI is not just another career. It's a commitment. Commitment to serve the Nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves. Come to RBI if you are looking for an ecosystem that encourages continuous learning, an equal opportunity work environment, a supportive HR climate and, of course, an attractive compensation structure. We are a full service Central Bank handling a variety of functions. An exciting array of job roles are handled by our officers in Grade ‘B’ depending upon their postings. For more on this, please click / type the following URL in your browser https://opportunities.rbi.org.in/scripts/roles.aspx 1. Candidates to Ensure their Eligibility for the Posts: Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. Reserve Bank of India Services Board, hereinafter referred to as 'Board’, would admit to the Examinations all the candidates applying for the post with the requisite fee/intimation charges (wherever applicable) based on the information furnished in the ONLINE application and shall determine their eligibility only at the final stage i.e. interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview, claim any reimbursement towards travelling and can be removed from service without notice if he/she has already joined the Bank. 2. Mode of Application: Candidates are required to apply ONLINE only through the Bank's website www.rbi.org.in. No other mode for submission of application is available. Brief Instructions for filling up the "Online Application Form" are given in Appendix-I. 3. Important Dates: Events Important Dates** Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges March 28, 2022 to April 18, 2022 (till 6:00 PM) Officers in Gr B (DR)- General Phase-I – Online Examination May 28, 2022 $ Phase-II – Paper I, II & III Online Examination June 25, 2022#
  • 2. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 2 ***Officers in Gr B (DR)- DEPR*/DSIM@ Phase-I – Paper I Online Examination July 02, 2022 (Date to be confirmed in Admit Card) Phase-II – Paper II & III Online/Written Examination August 06, 2022# (Date to be confirmed in Admit Card) *Department of Economic and Policy Research @ Department of Statistics and Information Management ** The Board reserves the right to make any change in these dates. $ Candidate will have to appear in only one shift of Phase l examination. # Candidate will have to appear in all the shifts of Phase ll / Paper II & Ill examination *** Candidates can apply for Grade B DR either in DEPR or DSIM stream. 4. Help Facility: In case of any problem in filling up the form, payment of fee/intimation charges, or in downloading of Admission Letter, queries may be made through the link http://cgrs.ibps.in Do not forget to mention 'RBI Officers in Grade 'B'-' DR' GENERAL/DEPR/DSIM (as applicable), in the subject of the email. 5. Use of MOBILE PHONES and other electronic devices BANNED: (a) The use of any mobile phone (even in switched off mode), pager or any electronic equipment or programmable device or storage media like pen drive, smart watches etc. or camera or blue tooth devices or any other equipment or related accessories either in working or switched off mode capable of being used as a communication device during the examination is strictly prohibited. Any infringement of these instructions shall entail disciplinary action, including ban from future examinations. (b) Candidates are advised in their own interest not to bring any of the banned items including mobile phones/pagers to the venue of the examination, as arrangement for safe-keeping cannot be assured. (c) Candidates are advised not to bring any valuable/costly items to the Examination Halls, as safe-keeping of the same cannot be assured. The Board will not be responsible for any loss in this regard. (d) Use of calculators is not permitted in Phase I for Gr B DR General and Paper I for DEPR /DSIM of this examination. However, non-programmable electronic calculator is permitted for only Paper II of DSIM. Such calculator will be made available online on the screen for Paper II DSIM candidates only. 6. Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website www.rbi.org.in.
  • 3. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 3 DETAILED NOTICE 1. The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for the post mentioned below in Reserve Bank of India (RBI/Bank): () indicates backlog vacancies $ Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as 'General (GEN)’. Candidates claiming relaxation available to OBC category should have OBC certificate issued on or after January 01, 2021 but before the closing date of application. @Reservations for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum No.36039/1/2019-Estt(Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India. Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”. Benefit of reservation under EWSs category can be availed upon production of an ‘Income and Asset Certificate’ issued by a Competent Authority on the format prescribed by Government of India. The EWS candidates should note that in case they are not in possession of “Income & Assets Certificate” as per the extant DoPT guidelines on or before the closure of online application date. Such EWS candidates should apply under 'General (GEN)’ category only. # A - Blindness and low vision, B - Deaf and hard of hearing, C- Locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy; D- Multiple disabilities including One Arm, One Leg, Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and (i) blind/ low vision or (ii) deaf/ hard of hearing Note (I) - For SC/ST/OBC/EWS candidates: Even if there is no vacancy reserved for SC/ST/OBC/EWS category candidates for a particular post, such candidates can still apply. However, they will not be eligible for any concession/relaxation etc. SC/ST candidates are exempt from payment of application fee even in such case but will have to pay specified intimation charges. Note (II) - For Persons with Benchmark Disability (PwBD) candidates: The Bank has identified the following categories suitable for the posts mentioned below along with the Physical Requirements and Functional Classifications. Only following categories of PwBD candidates are, therefore, eligible to apply for the posts. Sr. No Name of Post Categories for which identified Functional classification* Physical Requirements** 1 Officer in Gr ‘B’ – GENERAL/ DEPR/DSIM Blindness and low vision B BN, C, H, KC, L, MF, PP, RW (in Braille/software), S, ST, W LV BN, C, H, KC, L, MF, PP, Post Number of Vacancies Unreserved (GEN/UR) Scheduled Castes (SC) Scheduled Tribes (ST) Other Backward Classes (OBC)$ EWSs@ TOTAL PwBD Category# A B C D 1. Officers in Grade ‘B’(DR)- General 109 32 15 59 23 238 5(3) 7(4) 6(3) 4(2) 2. Officers in Grade ‘B’(DR)- DEPR 11 4 5(3) 8 3 31 - - 1(1) 1 3. Officers in Grade ‘B’(DR)- DSIM 7 7(4) 5(4) 4 2 25 1 1(1) - 1(1)
  • 4. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 4 RW, S, ST, W Deaf and hard of hearing D, HH BN, C, KC, L, MF, PP, RW, S, SE, ST, W Locomotor disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy OA, OL, Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims BN, C, KC, L, H, MF, PP, RW, S, SE, ST, W BL C, H, L, MF, PP, RW, S, SE Muscular Dystrophy C, H, MF, RW, SE, S Multiple disabilities OA, OL, Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and (i) blind / low vision or (ii) deaf / hard of hearing BN, C, KC, L, MF, PP, S, ST, W RW (in Braille / software) and H or RW and SE (as applicable) * Functional classification: OA-One Arm affected (R or L), OL-One Leg affected (R or L), BL-Both Legs affected but not arms, B-Blindness, LV-Low Vision, D-Deaf and HH-Hard of Hearing. ** Physical Requirements: BN-Bending, C-Communication, H-Hearing/Speaking, KC-Kneeling & Crouching, L-Lifting, MF-Manipulation by Finger, PP-Pushing & Pulling, RW-Reading & Writing, S-Sitting, SE-Seeing, ST-Standing and W-Walking. (2) PwBD candidates may belong to any category (i.e. General/SC/ST/OBC/EWSs). Reservation for PwBD is horizontal and within the overall vacancies for the posts subject to the posts having been identified suitable for such disabilities. (3) PwBD candidates should possess a latest disability certificate issued by a Competent Authority as prescribed vide The Rights of Persons with Disabilities Act, 2016 (RPWD Act, 2016). Such certificate shall be subject to verification/re-verification, as may be decided by the Board/ Competent Authority. (4) Backlog vacancies reserved for PwBD would be filled by a person with benchmark disability in the respective category. If no suitable person from that category is available such backlog vacancies would be filled up by interchange among other eligible PwBD candidates subject to the posts having been identified suitable for such disabilities as stated at Note II (1) above. (5) Use of Scribe & Compensatory time: At the time of online/written examination, only those PwBD candidates (who have disability of 40% or more) who have physical limitation in typing/writing, including that of speed would be allowed the facility to use the service of a scribe. In all such cases where a scribe is used, the following rules will apply: A. The candidate will have to arrange his/her own scribe/writer at his/her own cost. B. Both the candidate as well as the scribe will have to give a suitable undertaking, in the prescribed format with passport size photograph of the scribe at the time of examination. C. PwBD candidates who have physical limitation to type/write including that of speed shall be allowed compensatory time of 20 minutes per hour of the examination whether availing the facility of scribe or not. D. Any candidate who is using scribe should ensure that he/she is eligible to use scribe in the examination as per the above guidelines. Violation of the above guidelines or suppression of material facts shall entail the cancellation of candidature of PWBD candidate, in addition to any other action that the Bank may deem fit against the candidate and the Scribe. The candidate can be removed from service without notice, if he/she has already joined the Bank. E. During the exam, at any stage, if it is found that scribe is independently answering the questions, the exam session will be terminated, and candidate’s candidature will be cancelled. The candidature of such candidates using the services of a scribe will also be
  • 5. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 5 cancelled if it is reported after the examination by the test administrator personnel that the scribe independently answered the questions. (6) Detailed instructions for PwBD candidates regarding availing services of scribe and allotment of extra/compensatory time will be made available on the Bank's website (www.rbi.org.in) at the time of uploading of Admission Letters for examinations. Note (III)- Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/EWSs/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits and these certificates should be dated earlier than the due date (closing date) of the application. 2. SERVICE CONDITIONS/ CAREER PROSPECTS: I. Pay Scale: Selected Candidates will draw a starting basic pay of ₹ 55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are 1,08,404/- (approximately) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank. Note: For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments because of higher qualification/special experience of value to the Bank at the interview stage only. Such information may be furnished in the Bio-data Form in the appropriate column. The number of increments will be maximum four. The Board/Bank will not entertain any request received after the interview. II. Seniority: Candidates selected from recruitment for the post of Officer in Gr. B (DR) GENERAL stream will join General Cadre and candidates selected from recruitment for the post of Grade B DR DEPR/DSIM stream will join DEPR/DSIM Cadre. III. Perquisites: Bank's accommodation, subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Travel Allowance (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc. Selected candidates will be governed by 'the defined contribution New Pension Scheme (NPS)', in addition to the benefit of Gratuity. IV. At certain centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centres. V. Initial appointment will be on probation for a period of two years. At Bank's discretion, the probationary period may be extended up to a maximum period of four years. VI. There are reasonable prospects for promotion to higher grades. VII. Selected candidates are liable to be posted and transferred anywhere in India. 3 ELIGIBILITY CONDITIONS: I. Nationality: a candidate must be either:- i. a citizen of India, or
  • 6. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 6 ii. a subject of Nepal, or iii. a subject of Bhutan, or iv. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or v. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (ii), (iii), (iv) and (v) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination, but the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India. II. Age Limit (As on January 01, 2022): a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the January 01, 2022 i.e., he/she must have been born not earlier than January 02, 1992 and not later than January 01, 2001. b) The upper age-limit prescribed above will be relaxed: i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them; ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them; iii. up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange; iv. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on January 01, 2022 and have been released; a. on completion of assignment (including those whose assignment is due to be completed within one year from January 01, 2022) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or b. on account of physical disability attributable to Military Service; or c. on invalidment. v. up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on January 01, 2022 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months' notice on selection from the date of receipt of offer of appointment. vi. For Gen/EWSs up to a maximum of 10 years in the case of PwBD. For SC/ST PwBD candidates up to a maximum of 15 years and for OBC PwBD candidates up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities. vii. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively. viii. For candidates having experience as an officer in Scheduled Commercial Banks, Public Sector Insurance Companies and All India Financial Institutions (AIFI) namely Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI), as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit
  • 7. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 7 should not exceed 33 years including experience. For experience, probationary period will not be reckoned. For details, please refer Note IV below. ix. For eligible staff candidates, the relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013. x. For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master's Degree with Research/Teaching experience at a recognised Indian/Foreign University/Institute will be eligible for relaxation in upper age to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. Note I: - Candidates belonging to either the SC or the ST or the OBC category who are also covered under clauses of para 3(II)(b) (iv), (v) and (vi) above, viz. those coming under the category of Ex-servicemen or PwBD, will be eligible for grant of cumulative age-relaxation under both categories. Other than these two categories, cumulative age relaxation will not be available either under the above items or in combination with any other items. Note II: - The term Ex-servicemen will apply to the persons who are defined as Ex-servicemen in the Ex- servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time. Note Ill: - The age concession under Para 3 II (b) (iv) and (v) will not be admissible to Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request. Note IV:  Scheduled Commercial Banks - Commercial Banks included in the second schedule of the RBI Act, 1934.  Public Sector Insurance companies - The companies reckoned by DFS ((i) Life Insurance Corporation of India, (ii) General Insurance Corporation of India, (iii) The New India Assurance Company Limited, (iv) United Insurance Company Limited, (v) The Oriental Insurance Company Limited, (vi) National Insurance Company Limited and (vii) Agriculture Insurance Company of India Limited.  All India Financial Institutions - Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI). Ill. Minimum Educational Qualifications: The following minimum educational qualifications are prescribed for the posts: Posts Minimum Educational Qualifications (as on January 01, 2022): Officers in Grade 'B' (DR) - (General) Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post- Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: Graduation Level: Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. Post-Graduation Level: Any such course from a recognised University / Institute that is taken after
  • 8. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 8 Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. Officers in Grade 'B' (DR) - DEPR Essential: a. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR b. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance) OR c. PGDM / MBA with specialization# in Economics / Finance. For a) to c) above, minimum 55 per cent marks or an equivalent grade in aggregate of all semesters / years from a recognized Indian or foreign University / Institute. * "Principal constituent" with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance. # "Specialization" in Economics / Finance means a third or more of the total courses / electives / credits in the second year must be in Economics / Finance. Note I: For SC, ST and PwBD candidates, the minimum marks required in Master's Degree as in items (a), (b) and (c) above is 50% marks or an equivalent grade in aggregate of all semesters / years. Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals. Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively. (ii) Candidates having Master's Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. (iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
  • 9. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 9 Officers in Grade 'B' (DR) - DSIM Essential: a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years. Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification. Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively. (ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. (iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above. Note I: The candidate must hold a degree of any of the Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a Foreign University recognized by the Association of Indian Universities. Note II: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g., CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under: Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scale Aggregate Percentage of Marks 6.75 60% 6.25 55% 5.75 50%
  • 10. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 10 Note III: Aggregate Grade Point or percentage of marks wherever awarded would mean aggregate over the entire duration of the course. Note IV: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per Note II above. Note V: The relaxation in minimum educational qualifications for SC/ST/PwBD candidates mentioned above is subject to reservation of vacancies under the respective post and category and identification of posts for PwBD as notified above. IV. Number of Attempts: Candidates belonging to General Category/EWSs, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them. V. For Grade B (DR) (General), bank encourages candidates with no prior experience to apply. 4. SCHEME OF SELECTION: Selection for the aforementioned posts will be done through ONLINE examinations in Phase - I and Phase - II and interview. Detailed scheme of selection is given at Appendix - II (Gr. B(DR –General)/ Appendix- III (Gr. B(DR)-DEPR and Gr. B(DR)-DSIM) which are available on the Bank's website www.rbi.org.in. The Centres where the examinations will be held are given below: (i) Online Examination Centres for Phase I (Gr. B (DR –General) State /UT Centre State /UT Centre Andaman & Nicobar Port Blair Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain Andhra Pradesh Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam Maharashtra Amravati, Aurangabad, Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune Arunachal Pradesh Naharlagun city Manipur Imphal Assam Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur Meghalaya Shillong Bihar Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna Mizoram Aizawl Chandigarh Chandigarh- Mohali Nagaland Kohima Chhattisgarh Raipur, Bhilai, Bilaspur (CG) New Delhi Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram Daman & Diu Rajkot Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur Goa Panaji Rajasthan Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur Gujarat Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara Sikkim Gangtok-Bardang City Haryana Ambala, Hissar, Kurukshetra. Tamilnadu Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli, Himachal Pradesh Hamirpur, Solan, Shimla Telangana Hyderabad- Rangareddy, Karimnagar, Warangal Jammu & Kashmir Jammu Tripura Agartala Ladakh Leh
  • 11. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 11 Jharkhand Bokaro, Dhanbad, Hazaribaug, Jamshedpur, Ranchi Uttar Pradesh Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi Karnataka Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi Uttarakhand Dehradun, Haldwani, Roorkee City Kerala Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, West Bengal Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri Puducherry Puducherry Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala (ii) Centres for Phase II -Gr B-(DR)(General) Name of the Centres Ahmedabad – Gandhi Nagar Jammu Bengaluru Kanpur Bhopal Kochi Bhubaneswar Lucknow Kolkata Mumbai- Navi Mumbai Chandigarh- Mohali Nagpur Chennai New Delhi- NCR Guwahati Patna Hyderabad Pune Jaipur Thiruvananthapuram Raipur (iii) Centres for Paper I, II &III (DEPR/DSIM) Name of the Centres Ahmedabad – Gandhi Nagar Jammu Bengaluru Kanpur Bhopal Kochi Bhubaneswar Lucknow Kolkata Mumbai- Navi Mumbai Chandigarh- Mohali Nagpur Chennai New Delhi- NCR Guwahati Patna Hyderabad Pune Jaipur Thiruvananthapuram Raipur (iv)The centres and the date of holding the examination as mentioned above are liable to be changed at the discretion of the Board. Allotment of centres will be on the "first-apply-first allot" basis, and once the capacity of a particular centre is attained, the same will be frozen. Applicants, who cannot get a centre of their choice, will be required to choose a centre from the remaining ones. Applicants are, thus, advised that they may apply early so that they could get a centre of their choice. NB: Notwithstanding the aforesaid provision, the Board reserves the right to change the centres at their discretion if the situation demands. All the Examination Centres will cater to examination for Low
  • 12. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 12 Vision Candidates in their respective centres. Candidates admitted to the examination will be informed of the timetable and place or places of examination. The candidates should note that no request for change of centre will be entertained. (v) Candidates can select only one centre for Phase-I and one centre for Phase-II separately and must indicate the choice of centres in the online application. Choice of centre by candidates for Phase-I and Phase-II Examinations can be different and must be indicated in the online application. (vi)Candidates will appear for the examination at an Examination Centre at their own risks and expenses. The Board does not make any arrangements for boarding/lodging of candidates. Board will not be responsible for any injury or losses etc. of any nature during the course of Examination. (vii) Interviews: Interviews will be conducted at some of the centres indicated at para 4 (ii) above, details of which will be communicated in the interview call letter. 5. PRE-EXAMINATION TRAINING FOR SC/ST/OBC/PwBD CANDIDATES (Officers in Gr B (DR)- General Only): The Bank will arrange free of cost, pre-examination training for Phase - I and Phase – II (Only for those who have successfully cleared Phase – I) examinations in online mode. Detailed instructions for candidates who may wish to avail of this facility are given in Appendix - IV which is also available on the Bank's website www.rbi.org.in. Please note that undergoing the training will not confer any right to the candidate to be called for the Examination or for recruitment in the Bank's service. 6. APPLICATION FEE AND INTIMATION CHARGES: Sr.No. Category Charges Amount* 1. SC/ST/PwBD Intimation Charges only ₹100/- 2. GEN/OBC/EWSs Application fee including intimation charges ₹850/- 3. STAFF@ Nil Nil *Bank/Transaction charges are to be borne by the candidate. @ Fee/Intimation charges waiver is only for those employees of RBI (staff candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide its circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013. Their status as staff candidate will be verified at the time of interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD circular), they are advised to indicate themselves as non-staff candidates and pay fees/ intimation charges as applicable to non-staff candidates. Note I: Applications without the prescribed Fee/ Intimation Charges shall be summarily rejected. Note II: Fee/Intimation charges once paid shall not be refunded under any circumstances nor can the fee be held in reserve for any other examination or selection. Note Ill: Fee/ Intimation Charges are required to be paid only in the manner prescribed in this advertisement. 7. HOW TO APPLY (a) Candidates are required to apply only online using the website www.rbi.org.in and no other means/mode of application will be accepted. Detailed instructions for filling up online applications are available at Appendix-I which is available on the Bank’s website www.rbi.org.in. The applicants are advised to submit a single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicant’s details, examination centre, photograph, signature, left thumb impression and handwriting undertaking, fee etc. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID. (b) All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged
  • 13. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 13 employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Examination. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the examination, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi-Government employer. NOTE 1: While filling in his/her Application Form, the candidate should carefully decide about his/her choice of centre for the Examination. If any candidate appears at a centre other than the one indicated by the Board in his/her Admission Letter, the papers of such a candidate will not be evaluated and his/her candidature will be liable to cancellation. NOTE 2: Suitable provisions for information regarding use of scribes by the blind candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy and candidates with multiple disabilities (as provided under Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the performance of function (minimum of 40% impairment) have been made in the online application at the time of the initial online application itself. NOTE 3: Suitable provision for information regarding availing of compensatory time by the blind candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy and candidates with multiple disabilities (as provided under Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the performance of function (minimum of 40% impairment) whether availing the facility of scribe or not have also been made available at the time of the initial online application itself. NOTE 4: Candidates are not required to submit along with their applications any certificate in support of their claims regarding Age, Educational Qualifications, Scheduled Castes/ Scheduled Tribes/Other Backward Classes and Physically disabled, EWSs etc. which will be verified at the time of the Interview only. Candidates belonging to the OBC category should have OBC certificate issued on or after January 01, 2021 but before the closing date of application. For EWSs candidates, the Income and Asset certificate should be issued by a Competent Authority in the format as prescribed in DoPT Office Memorandum No.36039/1/2019-Estt(Res) dated January 31, 2019. The candidate may please note that they should be in possession of “Income and Assets Certificate” as per extant DoPT guidelines on or before the closure of online application date. In case they are not in possession of the said certificate before the closing date of online application, such EWS candidates should apply under “General (GEN)” category. The candidates applying for the posts should ensure that they fulfil all the eligibility conditions for admission to the Examination before the closure of ONLINE application date. Their admission at all the stages of examination for which they are admitted by the Board viz. Phase -I, Phase - II or Interview Test will be purely provisional, subject to their satisfying the prescribed eligibility conditions. If on verification at any time before or after the Examinations and Interview Test, it is found that they do not fulfil any of the eligibility conditions; their candidature for the examination will be cancelled by the Board. If any of their claims is found to be incorrect, they may render themselves liable to disciplinary action by the Board. A candidate who is or has been declared by the Board to be guilty of: (i) Obtaining support for his/her candidature by the following means, namely: - (a) offering illegal gratification to, or (b) applying pressure on, or (c) blackmailing, or threatening to blackmail any person connected with the conduct of the examination, or (ii) impersonating, or (iii) procuring impersonation by any person, or (iv) submitting fabricated documents or documents which have been tampered with, or (v) making statements which are incorrect or false or suppressing material information, or (vi) resorting to the following means in connection with his/her candidature for the examination, namely a. obtaining copy of question paper through improper means,
  • 14. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 14 b. finding out the particulars of the persons connected with secret work relating to the examination. c. influencing the examiners, or (vii) using unfair means during the examination, or (viii) writing obscene matter or drawing obscene sketches in the scripts, or (ix) misbehaving in the examination hall including tearing of the scripts, provoking fellow examinees to boycott examination, creating a disorderly scene and the like, or (x) using a scribe / availing compensatory time in examination despite being ineligible, or (xi) harassing or doing bodily harm to the staff employed by the Board for the conduct of their examinations, or (xii) being in possession of or using mobile phone, pager or any electronic equipment or device or any other equipment capable of being used as a communication device during the examination, or (xiii) violating any of the instructions issued to candidates along with their Admission Certificates permitting them to take the examination, or (xiv) attempting to commit or as the case may be abetting the Commission of all or any of the acts specified in the foregoing clauses; may in addition to rendering himself/herself liable to criminal prosecution, be liable. a. to be disqualified by the Board from the examination for which he/she is a candidate and/or b. to be debarred either permanently or for a specified period (i) by the Board from any examination or selection held by them; (ii) by the Bank from any employment under them; (iii) dismissal from service by the Bank if he / she is already in Bank's employment; and (iv) if he/she is already in some other service, the Board writing to his/her employer for taking disciplinary action. Provided that no penalty shall be imposed except after (i) giving the candidate an opportunity of making such representation, in writing as he/she may wish to make in that behalf; and (ii) taking the representation, if any, submitted by the candidate within the period allowed to him/her into consideration. 8. LAST DATE OF RECEIPT OF APPLICATIONS: The Online Applications can be filled up to April 18, 2022 till 06:00 PM. 9. GENERAL INSTRUCTIONS: (a) Correspondence with the Board: The Board will not enter into any correspondence with the candidates about their candidature except in the following cases: The eligible candidates shall be issued an Admission Letter two week before the commencement of the examination. The Admission Letter will be made available on the Bank's website www.rbi.org.in for downloading by candidates. No Admission letter will be sent by post. If a candidate does not receive his e-Admission letter or any other communication regarding his/her candidature for the examination two weeks before the commencement of the examination, he/she should at once contact the help facility as mentioned above. (b) No candidate will ordinarily be allowed to take the examination unless he/she holds an Admission Letter for the examination. On downloading of e-Admission Letter, check it carefully and bring discrepancies/errors, if any, to the notice of Board immediately. (c) PROOF OF IDENTITY TO BE SUBMITTED AT THE TIME OF EXAMINATIONS: At the time of appearing for Phase - I or Phase - II of the examination, candidates are required to produce a currently valid photo identity card in original and a photocopy of the same, in addition to the admission letter. Acceptable photo identity cards are PAN Card/ Passport/ Driving Licence/ Voter’s Card/ Bank Passbook with photograph/ Photo identity proof issued by a Gazetted Officer on official letterhead/ Photo identity proof issued by a People's Representative on official letterhead/ valid recent Identity Card issued by a recognised college / university/ e-Aadhar card / Aadhar card with a photograph/ Employee ID/ Bar Council Identity card with photograph. The candidate's identity will be verified with respect to his/her details on the Admission Letter /Examination Call Letter, in the Attendance List and requisite documents submitted. Please note that if identity of the candidate is in doubt, the candidate may not be allowed to appear for the Examination.
  • 15. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 15 Note: Candidates have to produce in original the photo identity proof and submit a photocopy of the photo identity proof along with Admission Letter/ Examination Call Letter while attending each shift of the examination without which they will not be allowed to take up the examination. For Phase-II examination, candidates will have to carry two/three photocopies of photo ID proof, as there will be two/three shifts. However, in Phase-I only one photocopy of photo ID will be sufficient. Candidates must note that the name (provided during the process of registration) as appearing on the call letters should exactly match the name as appearing on the photo identity proof, certificates, mark-sheets. Female candidates who have changed first/last/middle name post marriage must take special note of this. In case of candidates who have changed their name, will be allowed only if they produce - original Gazette Notification/their original marriage certificate/affidavit in original, together with a photocopy. If there is any mismatch between the name indicated in the Admission Letter/ Examination Call Letter and Photo Identity Proof, the candidate will not be allowed to appear for the examination. (d) The Board would be analysing the responses of all appeared candidates to detect abnormal similarity of responses. On the basis of such an analysis, if it is found that the responses have been shared and scores obtained are not genuine/ valid, the Board reserves the right to cancel his/her candidature. (e) Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any other reason beyond the control of the Board. (f) The candidates should note that their admission to the examination will be purely provisional based on the information given by them in the Application Form. This will be subject to verification of all the eligibility conditions by the Board/Bank. The mere fact that an Admission Letter has been issued to a candidate, will not imply that his/her candidature has been finally cleared by the Board or that entries made by the candidate in his/her application for the Preliminary examination have been accepted by the Board as true and correct. Unless candidature is formally confirmed by the Board, it continues to be provisional. The decision of the Board as to the eligibility or otherwise of a candidate for admission to the Examination shall be final. (g) Candidates should note that the name in the Admission letter in some cases, may be abbreviated due to technical reasons. (h) The possibility for occurrence of some problems in the administration of the examinations cannot be ruled out completely, which may impact test delivery and/or result from being generated. In that event, every effort will be made to rectify such problem, which may include movement of candidates, delay in test. Conduct of a re-exam is at the absolute discretion of RBISB/test conducting body. Candidates will not have any claim for a re-test. Candidates not willing to move or not willing to participate in the delayed process of test delivery shall be summarily rejected from the process. (i) Candidates are advised to keep their e-mail ID/mobile number alive for receiving advices viz. Admission letters/Interview letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send any communication through any other mode. (j) The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide their circular CO. HRMD.No.G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013 and who apply Online within the closing date. Their status as staff candidate will be verified at the time of interview. (k) The Board does not furnish the mark-sheet to candidates. Marks obtained in Phase-I (Online exam) will be made available on the website (www.rbi.org.in) in an interactive mode, after shortlisting of candidates for Phase-II. However, the marks obtained in Phase-II Examination and Interview will be made available on the Bank's web-site in an interactive mode only after declaration of the final result. (l) Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification. (m) In all matters regarding eligibility, conduct of examinations, interviews, assessment, prescribing minimum qualifying standards in both the Examination and interview, in relation to number of vacancies and communication of result, the Board's decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard. (n) The eligibility for availing reservation against the vacancies reserved for the PwBD shall be the same as prescribed in “Rights of Persons with Disabilities (RPWD) Act 2016" provided further that the PwBD shall
  • 16. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 16 also be required to meet special eligibility criteria in terms of physical requirements/functional classification (abilities/disabilities) consistent with requirements prescribed. (o) A candidate will be eligible to get the benefit of community reservation only in case the particular caste to which the candidates belong is included in the list of reserved communities issued by the Central Government. If a candidate indicates in his/her application form that he/she belongs to General category but subsequently writes to the Board to change his/her category to a reserved one or from reserved to unreserved, such request shall not be entertained by the Board. Similar principle will be followed for EWSs/PwBD categories also. In case of a candidate unfortunately becoming physically disabled during the course of the examination process, the candidate should produce valid document showing him/her acquiring a disability to the extent of 40% or more as defined under RPWD Act, 2016 to enable him/her to get the benefits of PwBD reservation. (p) Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/EWSs/Ex- servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits and these certificates should be dated earlier than the due date (closing date) of the application. (q) Please note that corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website www.rbi.org.in. (r) Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai only.
  • 17. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 17 Appendix I HOW TO APPLY Candidates must apply only online through the Bank's website i.e. www.rbi.org.in from March 28, 2022 to April 18, 2022 (till 06:00 PM). No other means/mode of applications will be accepted. Candidates desirous of applying for posts in both Gr. B (DR)-General and Gr B (DR) DEPR or DSIM (as the case may be) are required to apply using links for both the positions separately and pay the fees for both. (A) PRE-REQUISITES FOR APPLYING ONLINE: Before applying online, candidates should— (i) scan their: - photograph (4.5cm × 3.5cm) - signature (with black ink) - left thumb impression (on white paper with black or blue ink) - a handwritten declaration (on a white paper with black ink) (text given below) as detailed under guidelines for scanning the photograph and signature as detailed at (D) below. (ii) Signature in CAPITAL LETTERS will NOT be accepted. (iii) The left thumb impression should be properly scanned and not smudged. (If a candidate is not having left thumb, he/she may use his/ her right thumb for applying.) (iv) The text for the hand-written declaration is as follows – “I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.” (v) The above-mentioned hand-written declaration has to be in the candidate’s handwriting and in English only. If it is written and uploaded by anybody else or in any other language, the application will be considered as invalid. (In the case of Visually Impaired candidates who cannot write may get the text of declaration typed and put their left hand thumb impression below the typed declaration and upload the document as per specifications.) (vi) The candidate is required to keep documents/details ready to enable him/her to fill up the application form correctly and to make online payment of fees/intimation charges. The name of the candidate or his/her father/mother/husband, etc. should be spelt correctly in the application as it appears in the photo identity proof/ certificates/mark sheets (vii) Have a valid personal email ID and mobile number which should be kept active till the declaration of final result. This is essential for him/her in getting communication/interview advice, etc. by E-mail. The Board does not send any communication by any mode other than E-mail /SMS. No change in E-mail ID will be entertained during the entire process of the recruitment. (B) PROCEDURE FOR APPLYING ONLINE: (i)Candidates satisfying the conditions of eligibility as on January 01, 2022 are first required to visit the URL “Recruitment for the post of “Officers in Gr.’B’ (DR) GENERAL/ DEPR/DSIM” on Bank's website i.e. www.rbi.org.in >Opportunities@RBI >Current Vacancies > Vacancies and click on the hyperlink “Online Application Form” in the advertisement page for filling the ‘Online Application’. It redirects the candidates to the online registration page. (ii)Candidates will have to enter their basic details and upload the photograph, signature, left thumb impression and a hand-written declaration in the online application form as per the specifications given. (iii)To register application, choose the tab "Click here for New Registration" and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration
  • 18. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 18 Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent. (iv)In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing "SAVE AND NEXT" tab. Prior to submission of the online application, candidates are advised to use the "SAVE AND NEXT" facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/get the details verified to ensure that the same are correct prior to final submission. (v) Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/entertained after clicking the COMPLETE REGISTRATION BUTTON. (vi) The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the application as it appears in the Photo identity proof / Certificates/ Mark sheets. Any change/alteration found may disqualify the candidature. (vii) Validate your details and Save your application by clicking the 'Validate your details' and 'Save & Next' button. (viii) Proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature (ix) Proceed to fill other details of the Application Form. (x) Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT. (xi) Modify details, if required, and click on 'FINAL SUBMIT' ONLY after verifying and ensuring that the photograph, signature uploaded, and other details filled by you are correct. (xii) Click on 'Payment' Tab and proceed for payment. (xiii) Click on 'Submit' button. (xiv) Candidates shall be solely responsible for filling up the online applications correctly. In case of invalid applications due to errors committed by the applicant no claims for refund of application fees/intimation charges so collected shall be entertained by the Board. (xv) To avoid last minute rush, candidates are advised to pay the application fees/ intimation charges and register online at the earliest. (xvi) Board does not assume any responsibility for the candidates not being able to submit their applications within the last day on account of aforesaid reasons or any other reason. (C) MODE OF PAYMENT FOR APPLICATION FEE/INTIMATION CHARGES: Candidates have to make the payment of requisite fee/intimation charges through the online mode only: (i) The application form is integrated with the payment gateway and the payment process can be completed by following the instructions. (ii) The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets. (iii) After submitting your payment information in the online application form, PLEASE WAIT FOR THE INTIMATION FROM THE SERVER. DO NOT PRESS BACK OR REFRESH BUTTON IN ORDER TO AVOID DOUBLE CHARGE. (iv) On successful completion of the transaction, an e-Receipt will be generated. (v) Non-generation of 'E-Receipt' indicates PAYMENT FAILURE. On failure of payment, Candidates are advised to login again using their Provisional Registration Number and Password and repeat the process of payment. (vi) Candidates are required to take a printout of the e-Receipt and online Application Form. Please note that if the same cannot be generated, online transaction may not have been successful. (vii) For Credit Card users: All charges are listed in Indian Rupee. If you use a non-Indian credit card, your bank will convert to your local currency based on prevailing exchange rates. (viii) To ensure the security of your data, please close the browser window once your transaction is completed. (ix) There is facility to print application form containing fee details after payment of fees upto May 28, 2022.
  • 19. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 19 (D) GUIDELINES FOR SCANNING & UPLOADING THE PHOTOGRAPH & SIGNATURE: Before applying online, a candidate will be required to have a scanned (digital) image of his/her photograph and signature as per the specifications given below. Photograph Image: (4.5cm × 3.5cm)  Photograph must be a recent passport style colour picture.  Make sure that the picture is in colour, taken against a light-coloured, preferably white background.  Look straight at the camera with a relaxed face  If the picture is taken on a sunny day, have the sun behind you, or place yourself in the shade, so that you are not squinting and there are no harsh shadows  If you have to use flash, ensure there's no "red-eye"  If you wear glasses make sure that there are no reflections and your eyes can be clearly seen.  Caps, hats and dark glasses are not acceptable. Religious headwear is allowed but it must not cover your face.  Dimensions 200 x 230 pixels (preferred)  Size of file should be between 20kb–50 kb  Ensure that the size of the scanned image is not more than 50kb. If the size of the file is more than 50 kb, then adjust the settings of the scanner such as the DPI resolution, no. of colours etc., during the process of scanning. Signature, Left Thumb (LT) impression and Handwriting declaration Image:  The applicant has to sign on white paper with Black Ink pen.  The applicant has to put his left thumb impression on a white paper with black or blue ink.  The applicant has to write the declaration in English clearly on a white paper with black ink  The signature, left thumb impression and the hand-written declaration should be of the applicant and not of any other person.  The signature will be used to put on the Call Letter and wherever necessary.  If the Applicant’s signature on the attendance sheet or Call letter, signed at the time of the examination does not match the signature uploaded, the applicant will be disqualified.  Dimensions 140 x 60 pixels (preferred)  Size of file should be between 10kb – 20kb for signature and left thumb impression should be between 20kb – 50kb.  For hand written declaration size of file should be 50kb – 100 kb  Ensure that the size of the scanned image is not more than 20kb (for signature and 50kb for left thumb impression) and 100 kb (for hand written declaration).  Signature / Hand written declaration in CAPITAL LETTERS shall NOT be accepted. Scanning the documents:  Set the scanner resolution to a minimum of 200 dpi (dots per inch)  Set Color to True Color  File Size as specified above.  Crop the image in the scanner to the edge of the photograph/signature/ left thumb impression / hand written declaration, then use the upload editor to crop the image to the final size (as specified above).  The image file should be JPG or JPEG format. An example file name is: image01.jpg or image01.jpeg. Image dimensions can be checked by listing the folder files or moving the mouse over the file image icon.  Candidates using MS Windows/MSOffice can easily obtain documents in .jpeg format not exceeding 50kb (photograph) and 100kb for (hand-written declaration) & 20kb for (signature) and 50kb for (left thumb impression) by using MS Paint or MSOffice Picture Manager. Scanned
  • 20. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 20 documents in any format can be saved in .jpg format by using ‘Save As’ option in the File menu and size can be reduced below 50 kb (photograph) and 100 kb for (hand written declaration) & 20 kb (signature) and 50 kb for (left thumb impression) by using crop and then resize option (Please see point (i) & (ii) above for the pixel size) in the ‘Image’ menu. Similar options are available in other photo editor also.  If the file size and format are not as prescribed, an error message will be displayed.  While filling in the Online Application Form, the candidate will be provided with a link to upload his/her photograph, signature, left thumb impression and hand-written declaration. Procedure for Uploading the documents  There will be separate links for uploading Photograph, signature, left thumb impression and hand-written declaration  Click on the respective link “Upload Photograph / signature / left thumb impression / hand written declaration”  Browse and Select the location where the Scanned Photograph / signature / left thumb impression / hand written declaration file has been saved.  Select the file by clicking on it  Click the ‘Open/Upload’ button Your Online Application will not be registered unless you upload your Photograph, signature, left thumb impression and hand-written declaration as specified. Note: (1) In case the face in the photograph or signature or left thumb impression or the hand-written declaration is unclear / smudged the candidate’s application may be rejected. (2) After uploading the Photograph / signature / left thumb impression / hand written declaration in the online application form, candidates should check that the images are clear and have been uploaded correctly. In case the photograph or signature or left thumb impression or the hand- written declaration is not prominently visible, the candidate may edit his/ her application and re- upload his/ her photograph or signature, prior to submitting the form. (3) After registering online candidates are advised to take a printout of their system generated online application forms. NOTE: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in (Hindi version of this advertisement is available on Hindi website of Bank)
  • 21. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 21 Appendix II SCHEME OF SELECTION AND SYLLABUS FOR OFFICERS IN GR B (DR)-GENERAL- 2022: Selection will be through ONLINE examinations and interview. Examinations will be held in two phases, as described in following paragraphs. (I) Phase-I online Examination (Objective Type): This will comprise a single Paper for 200 marks and will be held on May 28, 2022. Depending on the number of candidates, the examination may be held in multiple shifts and on some other days also. A candidate, however, must appear for examination in only one shift on the given day. The date, time and venue on which a candidate has to appear for examination will be specified in the Admission Letter (AL) to be downloaded by the candidate from our website (www.rbi.org.in). The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. (If the examination is held in more than one session, the scores across various sessions will be equated following IBPS’ standard practice to adjust for slight differences in difficulty level of different test batteries used across sessions.) a) The Paper will consist tests of i. General Awareness ii. English Language iii. Quantitative Aptitude and; iv. Reasoning A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website. Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be prescribed by the Board. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the examination based on the aggregate marks obtained in Phase-I. The minimum aggregate cut-off marks for being shortlisted for Phase-II of the examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for Phase-II examination will be published on RBI web-site, tentatively within a week after Phase-I examination. (II) Phase-II online Examination: The Phase-II online Examination will be conducted on June 25, 2022 only for the candidates who are shortlisted on the basis of results of Phase-I and based on the cut-off decided by the Board. The Phase-II examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time- table for Phase-II will be intimated to the candidates concerned along with Admission Letter for Phase-II. Phase–II online examination will consist of three papers as under: Name of Paper Type of Paper Time (Minutes) Number of questions Marks Paper-I: Economic and Social Issues 50% Objective Type 50% Descriptive Type, answers to be typed with the help of the keyboard. Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout. 30 90 Total 120 @ 50 50 Total 100
  • 22. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 22 Paper II: English (Writing Skills) Descriptive, to be typed with the help of the keyboard 90 3 100 Paper-III: General Finance and Management 50% Objective Type 50% Descriptive Type, answers to be typed with the help of the keyboard. Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout. 120 @ 50 50 Total 100 @For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated. NOTE: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English. The Board reserves the right to modify the exam dates and time entirely at its discretion. (III) Interview: Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. Interview will be of 75 marks. Candidate shall be required to undergo Psychometric Test conducted by the Bank before appearing for the Interview, no marks will be allotted for the same, and will not form part of the final selection criteria. Candidate may opt for interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase- II examination and interview and grace marks as applicable as per extant rules. SYLLABI (Phase-II) Paper-I - Economic and Social Issues (ESI): Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Indian Economy – Economic History of India - Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991 – Priorities and recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process - Public Finance - Political Economy - Industrial Developments in India- Indian Agriculture - Services sector in India. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation; International Economic Issues Social Structure in India – Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice: Positive Discrimination in favour of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education. Suggested reference material:  Books: Indian Economy: 1. Uma Kapila (series of books) 2. Indian Economy: Mishra & Puri (Latest Edition) 3. Growth and Development: Devraj Ray 4. Sociology: C.N. Shankar Rao 5. Public Finance - K K Andley and Sundaram
  • 23. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 23  Newspapers including Mint, Business Line, etc.  Magazines/Periodicals/ Bulletins including RBI Bulletins, EPW, India Today, etc.  Reports: 1. World Development Report 2. Economic Survey of India 3. RBI Annual Report 4. Report on Trend and Progress of Banking in India, etc. 5. IMF: World Economic Outlook  Material sourced from RBI website Paper-II -English (Writing Skills): The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic. Paper-III - General Finance and Management: a) Financial System 1. Reserve Bank of India and Financial Institutions 2. Reserve Bank of India- functions and conduct of monetary policy 3. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc., Changing landscape of banking sector. 4. Impact of the Global Financial Crisis of 2007-08 and the Indian response b) Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. c) General Topics 1. Risk Management in Banking Sector 2. Basics of Derivatives 3. Global financial markets and International Banking – broad trends and latest developments. 4. Financial Inclusion 5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 6. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector. 7. The Union Budget – Concepts, approach and broad trends 8. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends; striking a balance between inflation and growth through monetary and fiscal policies. 9. FinTech Suggested reference material: Finance  Monetary Theory and Public Policy – Kenneth Kurihara  Indian Economy – Mishra & Puri  Economic Growth and Development – Mayer and Baldwin  Financial Management – Prasanna Chandra  Major financial newspapers  International business by Hill and Jain  RBI Annual Report, Report on Trend and Progress of Banking in India, etc.  Economic Survey  Material sourced from RBI website
  • 24. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 24 d) Management:  Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory). Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).  Ethics at the Workplace and Corporate Governance: Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Suggested reference material: Management  Stephen P. Robbins & Mary Coulter, Management.  Robbins Stephen P and Judge T.A., Vohra, Organisational Behaviour  Dessler Gary, Warkkey Biju- Human Resource Management  Decenzo and Robbins- Fundamentals of Human Resource Management  Velasquez Manuel G: Business Ethics- Concepts and Cases.  Fernando A.C.: Business Ethics – An Indian Perspective.  Crane Andrew & Matten Dirk: Business Ethics  Ghosh B N: Business Ethics & Corporate Governance
  • 25. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 25 Appendix-III SCHEME OF SELECTION FOR OFFICERS IN GR B (DR)-DEPR /DSIM: A. Officers in Grade 'B' (DR) – DEPR-2022- Job Requirement, Scheme of Selection and syllabus (i) Job Requirements: Primarily to undertake economic analysis and research and contribute to policy formulation, apart from compilation of data relating to select sectors. (ii) Scheme of Selection: Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the Examination. Paper I Objective Type (on Economics) to be held on July 02, 2022 and Paper II & III will be held on August 06, 2022(date to be confirmed in admit cards). Name of Paper Duration Maximum Marks Paper-I Objective Type (on Economics) 120 minutes 100 Paper-II Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper) 180 minutes 100 Paper-III English – Descriptive (To be typed with help of keyboard) 90 minutes 100 Total 300 A composite time of 120 minutes will be given for answering Paper I. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website. Candidates have to secure minimum marks as may be prescribed by the Board. Candidates, who secure minimum aggregate marks in Paper I, as prescribed, will be shortlisted for Paper-II/ Paper III of the examination based on the marks obtained in Paper-I. The minimum aggregate cut-off marks for being shortlisted for Paper II and Paper III of the examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for Paper II and Paper III examination will be published on RBI web-site, tentatively within a week after Paper -I examination. (iii)Paper – II and III online/Written Examination: The Paper II and Paper III Examination will be conducted on August 06, 2022 only for the candidates who are shortlisted on the basis of results of Paper-I. The Paper II and Paper III examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for Paper II and Paper III will be intimated to the candidates concerned along with Admission Letter for Paper II and Paper III. (iv)Question papers for 'WE' will be set in Hindi and in English (except Paper-III on English). Answers for Paper-II may be written either in Hindi or English. Paper-III will have to be answered in English only. Candidates may opt for interview in Hindi or English. (v) The number of candidates to be called for interview will be decided by the Board. (vi) Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview taken together. Interview will be of 75 marks. Candidate may opt for interview either in Hindi or English. (vii) Candidate shall be required to undergo Psychometric Test conducted by the Bank before appearing for the Interview, no marks will be allotted for the same, and will not form part of the final selection criteria. (viii) Syllabi: (i) Standard of papers on Economics would be that of Master's Degree examination in Economics of any Central University in India. (ii) Syllabus for English: The paper on English shall
  • 26. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 26 be framed in a manner to assess the writing skills including expression and understanding of the topic. (ix) Suggested reading material: RBI publications viz., Annual Report, Report on Trend and Progress of Banking in India, Monetary Policy Report and the Financial Stability Report and the Economic Survey published by the Government of India over the previous two years. B. Officers in Grade 'B' (DR) – DSIM- 2022- Job Requirement, Scheme of Selection and syllabus (i) Job Requirements: To undertake collection, compilation, analysis and interpretation of data on banking, corporate and external sectors; Modelling and forecasting of inflation, growth and other important macroeconomics indicators; Analytical studies involving statistical/econometric models in the operational areas of interest to the Reserve Bank; Planning, designing and organizing sample surveys; maintaining technology-driven centralized reporting system and Data warehouse for information management /dissemination; and Development of methodology for the measurement and estimation of variables and improvement of the database of various sectors of the economy. (ii) Scheme of Selection: Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the Examination. Paper I Objective Type (on Statistics) to be held on July 02, 2022 and Paper II & III will be held on August 06, 2022 (date to be confirmed in admit cards). Name of Paper Duration Maximum Marks Paper-I Objective Type (on Statistics) 120 minutes 100 Paper-II Descriptive Type (on Statistics) (Question paper displayed on computer, answers to be written on paper) 180minutes 100 Paper-III English – Descriptive (To be typed with help of keyboard) 90 minutes 100 Total 300 A composite time of 120 minutes will be given for answering Paper I. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website. Candidates have to secure minimum marks as may be prescribed by the Board. Candidates, who secure minimum aggregate marks in Paper I, as prescribed, will be shortlisted for Paper-II/ Paper III of the examination based on the aggregate marks obtained in Paper-I. The minimum aggregate cut-off marks for being shortlisted for Paper II and Paper III of the examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for Paper II and Paper III examination will be published on RBI web-site, tentatively within a week after Paper -I examination. (i) (iii) Paper – II and III online/Written Examination: The Paper II and Paper III Examination will be conducted on August 06, 2022 only for the candidates who are shortlisted on the basis of results of Paper-I. The Paper II and Paper III examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for Paper II and Paper III will be intimated to the candidates concerned along with Admission Letter for Paper II and Paper III.
  • 27. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 27 (iv) Question papers for 'WE' will be set in Hindi and in English (except Paper-III on English). Answers for Paper-II may be written either in Hindi or English. Paper-III will have to be answered in English only. Candidates may opt for interview in Hindi or English. v) The number of candidates to be called for interview will be decided by the Board. vi) Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview taken together. Interview will be of 75 marks. Candidate may opt for interview either in Hindi or English. vii)Candidate shall be required to undergo Psychometric Test conducted by the Bank before appearing for the Interview, no marks will be allotted for the same, and will not form part of the final selection criteria. Syllabi: Standard of papers would be that of Master's Degree examination of any Central University in India. Paper-I: Questions would cover Probability: Definition of Probability, Standard distribution, Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses, Multivariate analysis and Stochastic Processes. Paper-II: Questions would cover (i) Probability and Sampling, (ii) Linear Models and Economic Statistics, (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test, (iv) Stochastic Processes, (v) Multivariate analysis and (vi) Numerical Analysis and Basic Computer Techniques. There will be sufficient choice for candidates to attempt the required number of questions from any three or more of the above six groups. Paper-III: English: The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic. C. Manner of conduct of examinations for GR B (DR)-DEPR /DSIM: (i) The examination will be conducted on two days i.e. Paper I on July 02, 2022 and Paper II & III will be held separately on August 06, 2022(date to be confirmed in admit cards). (ii) Paper – I (Objective type on Economics / Statistics as the case may be) will be conducted online and comprise multiple choice questions. (iii) Paper – II (Economics / Statistics as the case may be) will be a descriptive type pen/paper based examination where the questions will be displayed on computer screen. (iv) Paper – III (English) will be of descriptive type where the candidates will be expected to type out answers on a computer. (v) The Board reserves the right to modify the exam dates and time entirely at its discretion.
  • 28. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 28 Appendix- IV PRE-EXAMINATION TRAINING FOR SC/ST/OBC/PwBD CANDIDATES appearing for Officers in Gr B (DR)- General- 2022 The Bank will arrange free of cost pre-examination training for for Phase - I and Phase – II (Only for those who have successfully cleared Phase – I) examinations for SC/ST/OBC/PwBD candidates in online mode. Candidates who desire to avail of the training may apply (by email only) separately to the Regional Director/General Manager, Reserve Bank of India at any one of the convenient centres marked (**) below, in the format furnished below on or before April 18, 2022. Candidates should not send their application for training to the Reserve Bank of India Services Board's Office (Board) as the Board will not entertain such applications. FORM OF APPLICATION FOR TRAINING The Regional Director/General Manager Place: Reserve Bank of India Date: Human Resource Management Department **--------------------------- Dear Sir/Madam, Pre-examination training – Officers in Gr-'B'-Gen. (DR)- PY 2022 I have applied to the Reserve Bank of India Services Board (RBISB) for the post of Officer in Gr-'B'- Gen.(DR)- PY 2022. Please register my name for training in English/Hindi# medium. I enclose an attested copy of the Caste/PwBD Certificate and a copy of online registered application receipt of fees/intimation charges paid online. I note that I will have to make my own arrangements for stay and meet all my expenses. I also note that undergoing the training will not confer on me any right to be called for the Examination or for recruitment in the Bank's service. Yours faithfully (Signature) Name and Address:…………………………………………………………………. Provisional application Registration No. ……………………………………….. Encl.: Attested copy of the Caste/PwBD Certificate and online registered application and copy of receipt of fees/intimation charges paid online. # Delete inapplicable. (Note: Training in Hindi will be held only if sufficient numbers of candidates are registered) **Postal Addresses and email of the Centre: One Centre to be chosen from the list given below: 1. Ahmedabad: Ashram Road, Ahmedabad-380014 (rdahmedabad@rbi.org.in); 2. Bengaluru: 10/3/08, Nrupatunga Road, Bengaluru-560001(rdbengaluru@rbi.org.in); 3. Bhopal: Hoshangabad Road, Bhopal- 462011 (rdbhopal@rbi.org.in); 4. Bhubaneswar: Pt. Jawaharlal Nehru Marg, Bhubaneswar-751001 (rdbhubaneswar@rbi.org.in); 5. Chandigarh: Central Vista, Opp. Telephone Bhawan, Sector 17, Chandigarh -160017(rdchandigarh@rbi.org.in); 6. Chennai: 16, Fort Glasis, Rajaji Salai, Chennai-600001 (rdchennai@rbi.org.in); 7. Guwahati: Station Road, Panbazar, Guwahati- 781001 (rdguwahati@rbi.org.in); 8. Hyderabad: 6-1-56,Secretariat Road, Saifabad, Hyderabad - 500004 (rdhyderabad@rbi.org.in); 9. Jaipur: Rambagh Circle, Tonk Road, Jaipur-302004 (rdjaipur@rbi.org.in); 10. Jammu: Rail Head Complex, Jammu-180012 (rdjammu@rbi.org.in); 11. Kanpur: M.G. Road, Kanpur-208001(rdkanpur@rbi.org.in); 12. Kochi: Ernakulam North, Kochi-
  • 29. Reserve Bank of India Services Board, Mumbai Advt. No. 2A /2021-22 29 682018 (gminckochi@rbi.org.in); 13. Kolkata: 15, Netaji Subhash Road, Kolkata-700001 (rdkolkata@rbi.org.in); 14. Lucknow: 8-9, Vipin Khand, Gomti Nagar, Lucknow-226010 (rdlucknow@rbi.org.in); 15. Navi Mumbai: Plot No.3, Sector 10, H.H. Nirmaladevi Marg, CBD Belapur, Navi Mumbai-400614 (gmoicbelapur@rbi.org.in); 16. Nagpur: Main Office Building, Dr. Raghavendra Rao Road, Civil Lines, Nagpur-440001(rdnagpur@rbi.org.in); 17. New Delhi: 6, Sansad Marg, New Delhi-110001(rdnewdelhi@rbi.org.in); 18. Panaji: 7th Floor, Gera Imperium-II, Patto, Panaji, Goa- 403001(gmincpanaji@rbi.org.in); 19. Patna: South Gandhi Maidan, Patna- 800001(rdpatna@rbi.org.in); 20. Pune: College of Agricultural Banking, Reserve Bank of India, University Road, Pune-411016 (principalcab@rbi.org.in); 21. Thiruvananthapuram: Bakery Junction, Thiruvananthapuram-695033 (rdthiruvananthapuram@rbi.org.in). 22. Raipur: Subhashish Parisar Satya Prem Vihar, Mahadev Ghat Road, Sunder Nagar, Raipur-492 013 (rdraipur@rbi.org.in)